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business

What is Due Diligence? A Full Explanation

Have you ever purchased something—whether that be a car, a TV, or a computer—only for it to turn out to be a total dud? That regrettable outcome could have very well been avoided had you practiced what is known as “due diligence.” In a general sense, due diligence refers to the process of exercising great…

Amazon Aggregators: Everything You Need to Know

Right now in the e-commerce sphere, there’s something akin to a modern gold rush happening, and it’s being fueled by Amazon aggregators.  “This is the largest movement you will see in the next two years,” said Steven Pope, founder of My Amazon Guy. “I’m very bullish. I believe we’re going to see massive amounts of…

How to Cope with a Failed Business

To say that COVID-19 devastated the U.S. economy is an understatement. According to Yelp’s Local Economic Impact Report, nearly 100,000 American businesses that temporarily shut down due to the pandemic are now permanently shuttered. That’s a lot of broken dreams. That’s a lot of lost money. And that’s a lot of people who are desperately…

Benefits of Outsourcing Your Bookkeeping Services

In business as in life, there are tasks you enjoy doing and others that are pure drudgery. It’s safe to say that for most entrepreneurs, bookkeeping falls into the pure drudgery category.  The good news is, you don’t have to do it.  Wait. Let us rephrase that, because what we really mean to say is…

Top 10 Amazon FBA Training Courses

As you probably know by now, Amazon FBA training courses are not cheap—which is why it’s wise to do your research before investing in one. But with so many Amazon FBA training courses available, how can you tell which ones are truly worth your time and money and which ones aren’t?  That’s the question we…

34 Accounting Terms Every Entrepreneur Must Know

If accounting makes your head spin, you’re not alone. Many entrepreneurs feel this way—and rightfully so! It’s a complicated field, after all. But don’t worry, in this article, you won’t actually be doing any math (whew!). Instead, we’ll teach you some basic accounting terms you need to know in order to talk shop with other…