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Viably Helps eCommerce Sellers Overcome Cash Flow Challenges
Manage episode 412096074 series 3510678
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In this episode of "Not Another eComm Podcast," host Ian Kaneshiro is joined by Liz Beavers, a product marketing and partnerships manager at Viably, a digital banking solution for e-commerce businesses. They discuss the importance of understanding cash flow, managing expenses, and forecasting sales.
Liz shares tips for overcoming cash flow challenges and leveraging technology to better manage finances. They also touch on the concept of "good debt" and how it can be used to fuel business growth.
Tune in to learn how to thrive in the fast-paced world of e-commerce!
Timestamp
0:00:06 | Introduction to the topic of cash flow challenges in e-commerce
0:02:37 | Common cash flow challenges for e-commerce sellers
0:06:14 | The impact of seasonality on cash flow and the need for accurate forecasting
0:09:12 | How viably helped them overcome cash flow challenges
0:11:19 | Planning for unexpected events and diversifying revenue streams
0:12:38 | Preparedness for unexpected events and cash flow challenges
0:13:07 | Tracking and managing spend for better cash flow management
0:15:58 | Knowing the calendar and strategically planning promotions
0:16:25 | Looking ahead and understanding future capital needs
0:17:48 | Cash flow management and responsibility to employees
0:19:26 | Leveraging technology to better manage cash flow and finances
0:21:48 | Viably as an all-in-one tool for tracking cash flow and forecasting
0:25:42 | Tips for building a forecast
0:30:09 | Potential problems and pitfalls in executing a forecast
0:33:42 | Definition of good debt and its role in increasing cash and net worth
0:36:33 | Personal and business finances are separate entities
0:37:08 | Cash flow forecasting for e-commerce businesses
0:38:34 | Taking on working capital to achieve growth
0:39:17 | Progress is progress in scaling a business
Connect with our guests:
https://www.runviably.com/
Connect with our host:
Ian on LinkedIn: https://www.linkedin.com/in/iankaneshiro/
Ian on Instagram: https://www.instagram.com/iankaneshiro_
Stay connected with Seller Snap:
Website: https://www.sellersnap.io/
LinkedIn - https://www.linkedin.com/company/seller-snap-inc./
Instagram - https://www.instagram.com/sellersnap.io/
Facebook- https://www.facebook.com/sellersnap.io/
Full video episodes are always uploaded on YouTube.
Not Another eComm Podcast By Seller Snap- helping sellers optimize their Amazon store through smart algorithmic repricing.
Seller Snap offers all Amazon sellers a 15-day free trial - find out if we are the right repricer for you and your Amazon store. Visit https://bit.ly/NotAnothereCommPodcast
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