{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Modern Supply Chain","title":"What most e-commerce brands miss in their P&L with Jeremy Horowitz","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/611079b4\"></iframe>","width":"100%","height":180,"duration":2469,"description":"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 productWhat growing DTC businesses should include in their P&LWhy owners should look at their P&L before pulling money from the businessHighlights:(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 yearsResources:Izzy’s LinkedIn: https://www.linkedin.com/in/izzy-rosenzweig-13653846/Jeremy’s LinkedIn: https://www.linkedin.com/in/jeremyhorowitz1/Let’s Buy a Biz! LinkedIn: https://www.linkedin.com/company/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/d/18yiRetZ4pJ4DwwOMx_KmmU2NElQdJIZ_LJutA6k1Vmg/edit?gid=0#gid=0 Traditional supply chain vs. modern supply chain model:...","thumbnail_url":"https://img.transistorcdn.com/pGa31m1Qi8jvJpQC4it25QVVIlAx_X6Sjzrermi0mLo/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xNDUx/ZWQ5ZWU1MDQ2ZGY5/YzVjMmY2MmQ2YWFk/MDRkNi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}