What most e-commerce brands miss in their P&L with Jeremy Horowitz

Описание: Every e-commerce owner wants to scale their business, with many hoping to eventually sell. But not everyone understands why their P&L is important to making their business sustainable and sellable.

In this episode, Izzy Rosenzweig sits down with Jeremy Horowitz, of Let's Buy a Biz!, to talk about financial literacy for DTC businesses. Jeremy shares the key elements of financial management that many e-commerce founders miss, especially when it comes to scaling from $1M to $10M. He breaks down how owners can keep their cash flow from getting stuck, how to do a thorough P&L report, and what buyers look for when acquiring a DTC business.

In this episode, you'll learn:
Why business owners should start with just one hero product
What growing DTC businesses should include in their P&L
Why owners should look at their P&L before pulling money from the business

Highlights:
(00:00) Meet Izzy Rosenzweig
(01:12) Meet Jeremy Horowitz
(02:35) What DTC owners need to know about planning their exit
(04:12) The key to scaling up to your first 10 million
(07:05) The importance of knowing your P&L inside out
(14:25) Growing your tech brand sustainably
(18:23) What business buyers want to see in your P&L
(19:48) A demonstration of a mock fashion brand’s P&L
(23:26) A cash flow model for the modern supply chain
(27:12) Comparing a traditional supply chain model and a modern supply chain model
(37:39) What global growth will look like for DTC brands in the next five years

Resources:
Izzy’s LinkedIn:   / izzy-rosenzweig-13653846  
Jeremy’s LinkedIn:   / jeremyhorowitz1  
Let’s Buy a Biz! LinkedIn:   / let-s-buy-a-biz  
Let’s Buy a Biz! website: https://www.letsbuyabiz.xyz/

Jeremy’s sample P&L: https://docs.google.com/spreadsheets/...
Traditional supply chain vs. modern supply chain model: https://docs.google.com/spreadsheets/...