Jeff Lowenstein

Dear President Trump, @realDonaldTrump I am the founder of a clothing brand called CUTS. We are a bootstrapped business that has been around for eight years and are a true example of living the American dream. We’ve built this business to millions of dollars in revenue over the last eight years, had a tremendous amount of success, provided jobs to hundreds of people, and I believe I am an example of the prosperity possible in America. I voted for you in 2016, 2020, and 2024 because I believed in your vision for the country—and I still do. However, the recent tariff changes are happening too quickly. Removing 321 de minimis at the same time as increasing tariffs on China from 25% to 145% will be the death of thousands of eCommerce companies just like @cutsclothing . These are businesses that bootstrapped their way to success, created American jobs, and are now enjoying the fruits of their hard work in this country. I understand and support the goal of putting America first—we are fully aligned with that mission. But the way these changes have been handled creates tremendous uncertainty for brands like ours. By placing tariffs on Vietnam and other countries, and then changing them so quickly, we are left unsure of what to do. More importantly, we need time to adjust to new legislation. Regarding 321 de minimis, we were proud to use that exemption. In 2016, you mentioned using a “Hillary Clinton loophole” to lower taxes—and I respected that. That’s what a smart businessman does. Similarly, we used de minimis as a way to compete in a global market. Removing that, combined with the sudden implementation of heavy tariffs, would make our current margin structure unsustainable. My goal in writing this is not to oppose you, but to stand with you in your mission of making America great again. We want to protect American jobs and help bring manufacturing back. CUTS is ready to help lead that charge—but it cannot happen overnight. My request is that both the removal of 321 and the China tariff increases be delayed with enough time for U.S. companies to react—which, for production businesses, is at least 9 to 12 months. That time would allow us—and companies like us—to adjust, set up new manufacturing, and even pursue U.S. production that aligns with your vision. I humbly ask that you take this seriously. Every day this continues, more businesses will fail. Solving one issue but hurting the very people who voted for you is not the best outcome. Mr. President, we believe in you, and we know there are things you see that we cannot. I hope you take this into consideration—so together, we can make America great again. Respectfully, Steven Founder & CEO, CUTS Clothing

🚨 Think you know your margins? If you don’t track NET REVENUE RATIO, youre missing a HUGE profit leak Its the % of gross sales that ACTUALLY becomes net sales - its quite tricky & requires a revenue reconciliation Lets dive in & reveal how youre losing more than you realize👇

🔍 Which financial metrics are top DTC brands tracking right now? 🔍 Which ones are YOU missing? We asked 5 leading DTC finance experts to reveal the hidden numbers that could make or break your brand's success in 2025. Their answers touch on: 👩‍💻 Why MRR isn't just for SaaS companies anymore. 💸 The approach to cash conversion cycle that's helping brands scale without outside funding. 📊 How to use contribution margin data to uncover powerful ad spend strategies. 🛍️ Plus: the relationship between recurring customer contribution margins and fixed costs. Get the full insights from @RobteBraake (Insight Matters), Courtney Myers, CPA (Freedom Finance), @JonAlbertBlair and @JeffLow791 (Free to Grow CFO), and our very own @JacobB29170 >> finaloop.com/blog/expert-ins…

Tag your accountant in this post, or send it to them from me. Dear accountant, Going forward would you please provide me with an alternative view of my monthly P&L that displays my costs as a percentage of my revenue along with the standard numerical view. In addition, would you please create a conditional format on the percentages that displays the numbers change relative to average. Red if it is above average, green if it is below average. Finally, if you could provide any insight into categories that have significantly changed in either direction that would be very helpful. Love, Taylor P.S. New rule on our chart of accounts. Any expense that averages over $1k/mth gets its own line item. Less consolidation helps get clearer on what is happening. We are hunting every wasteful dollar together so I can fuel more profitable growth!

I just dug into the legal mechanism by which the Biden Administration can intervene to prevent the port strike. No way they can pull this off in time to avert the strike next Tuesday. It’s too late. The strike is happening. The remaining variable is how long will it last. 🧵

1/ 🚨THIS ONE IS BIG🚨 You see, we never planned to build an inventory management solution. We were forced to. 🦾 And not only because every other brand operator wanted it badly. But also because all the tech companies that have tried to solve inventory for multi-channel consumer brands thus far have done so by building standalone systems that externally integrate with operations and accounting. It’s a solid attempt. Which always ends up complex and messy. Simply because inventory was never supposed to be adjunct to your financial ledger. So you end up using spreadsheets. Or, buy a sledgehammer to crack a nut... in the form of an ERP. This made us realize: Finaloop is in the perfect position to solve it. And the opportunity to make a huge difference for founders was just too big to pass on. That’s why…👇👇👇

I've been reporting out this story on what the DTC space is like right now. It's tough, a lot of brands are not doing well, but there's also been no one cataclysmic event that's forced a lot of brands out. Enter: the rise of zombie brands. modernretail.co/operations/z…

1/Call it supply chain, call it value loop - one thing's for sure: today we announce a $35M Series A funding led by @lightspeedvp thanks to the ecosystem’s belief in our mission to help DTC founders become financially savvy, profitable, and FINALLY trust their numbers.

ANNOUNCEMENT: I made a website that’s Yelp for accountants: samslist.co I am looking for a new accountant. Finding one that’s good + fit my needs is hard and time consuming. So, I tweeted out asking who has a good accountant. • +150 people replied w/ an accountant. • So…I called all the accountants listed. Took 2 months. • I asked each accountant: how much they charge, services they provide, who’s a perfect client and more. • I also got some of their clients to give them a review. • Then, I took all that data + hours of work…and turned it into a website. • I also made a simple quiz that shows you 3 accountants that might fit your needs.. The site’s called Sam’s List: samslist.co You can: • See all my research of each accountant • See reviews of the accountant • Contact an accountant • In some cases, book a time to speak with the accountant right on Sam’s List • Ask an accountant a public question on their profile and see their replies from other questions. • Submit an accountant to be reviewed It's all free. The site’s not monetized. No accountants are paying us for reviews. Give it try. If you like it, we’ll keep building it. If you don’t, we’ll kill it. And if you have feedback, comment and let me know. PS: if you use sam’s list and get any value…SHARE THIS TWEET, PLEASE!

Announcement day!🗣 Excited to come out of stealth and announce Iris to the world (@irisfinanceco) a next-gen FP&A tool for CPG We raised $2M of funding led by @revolution, with Rosecliff, and angels to give CPG brands better insights & forecasts to run better brands 👇👇

Goli is being acquired by Group KPS, Bastion Capital, and one of the company's original founders. The transaction, which has the support of Goli's lenders, is part of a pre-packaged process under the Companies' Creditors Arrangement Act in Canada. Goli launched in 2019 and reportedly exceeded $400M in sales in 2021. More info ➡️ t.ly/zIc7z