by Sebastien Prost, CPA | Apr 6, 2024 | E-Commerce
Determining the profitability of your online business on platforms like Amazon and Shopify is crucial for sustainability and growth. While both platforms offer unique opportunities for sellers, understanding the profitability of your business extends beyond mere sales...
by Sebastien Prost, CPA | Mar 25, 2024 | E-Commerce
Determining the profitability of a product on Amazon requires insight into a multifaceted marketplace and a clear understanding of costs. While Amazon’s vast customer base offers significant sales opportunities, choosing the right product to sell is pivotal for...
by Sebastien Prost, CPA | Feb 10, 2024 | E-Commerce
Effectively managing the accounting for a Shopify store is critical for maintaining the financial health of an e-commerce business. Accounting encompasses a broad range of financial management tasks, including recording transactions, organizing financial data, and...
by Sebastien Prost, CPA | Dec 11, 2023 | E-Commerce
Dropshipping in Canada offers an appealing avenue for entrepreneurs looking to enter the e-commerce market with relatively low overhead costs. As this business model eliminates the need for inventory management and large upfront capital, it appeals to many by offering...
by Sebastien Prost, CPA | Dec 1, 2023 | Corporate Tax, E-Commerce, Sales Tax
The landscape of e-commerce in Canada is continually evolving, and with it, the tax implications for businesses operating in the digital space. For those engaging in e-commerce, understanding the tax responsibilities is critical to ensure compliance with Canadian tax...
by Sebastien Prost, CPA | Nov 15, 2023 | E-Commerce, Xero
Selecting the right ecommerce accounting software is a crucial decision for online retail businesses. Accurate financial management not only keeps the business compliant with tax regulations but also provides valuable insights into financial health, assisting with...
