Cashflow & Inventory Planning - April 2018

In this webinar, we look at the plan for our Amazon business for the next 12 months.

Can we reach $1million in sales and not run out of inventory or cash.

PASSWORD: DBAMAZON

So why this webinar series.

We want you to succeed in running your Amazon business.

We want to help you grow your business to the next level – so that you can achieve your goals.

I want you be to able to understand the numbers in your business, and I thought that the best way of doing this is showing the numbers for our Amazon business.

Because you all run the same type of business as our business the issues are going to be exactly the same as the issues that we face.

To be honest, we could not share this information with you on one on one basis because it would just be too expensive for where your business is now.

Saying that, there are some of you that are at the next stage of your business where regular one-on-one sessions will be important to keep you moving in the right direction.

One of the key characteristics of an Amazon business, is that you can grow so quickly with a minimal amount of capital that is just not possible in almost ever other business.

But that rapid growth also means that everything gets multiplied including the mistakes.

We want you to understand the financial and operational effect of the decisions that you make and how they will affect your future plans and goals.

Part of understanding the effect of your decisions is the ability to understand your financials – your profit & loss account, your balance sheet, your cashflows.

It is my hope that through this webinar series, you will learn how to read your financials and make the right decisions.

To me, financial statements tell a story both where you have been and where you are going.

So the first step in this webinar series is our business plan, where we are planning to go in the next 12 months. This business plan will be very similar to the business plan for your business.

So when we talk about business plan – it is not some fluffy vague statements about vision, outstanding customer service, becoming the number one in industry yada yada yada

We are going to get granular, in a high degree of detail that will determine whether can actually achieve those goals.

At end of this webinar, I am going to show you how you can put our planning process in place for your business.