How To Prepare for A High-Value M&A Transaction
In this week’s blog on exiting an Amazon business, Chris Shipferling, Managing Partner at Global Wired Advisors, an M&A Investment Bank, shares his expertise on this hot topic. With his many years in this business, we appreciate Chris’ insight and advice. M&A Transactions High-value M&A transactions are trending digital, and with online and Amazon-based businesses […]
Now is a Great Time to Sell Your Amazon Business!
Continuing our June blog series on exiting your Amazon business, we are thrilled to hear from Bill Evans, founder & CEO of FBA Private Market. This is a new platform that allows Amazon sellers to receive competitive offers from dozens of professional buyers at once. Let’s hear what Bill has to say! The Market for […]
Top 9 Tips for Selling your Ecommerce Business and Livin’ the Dream!
Since I first began working with ecommerce clients, and most especially this past year, I have had numerous discussions with ecommerce sellers who have been in some stage of selling their business. Some have just begun to think about it. Others are knee-deep in the process, and many have been on the downhill side, tying […]
Preparing Your Business for an Amazing Exit – Interview with Paul Miller
We are hearing from many of our customers that they are preparing to exit their business. The market right now for ecommerce businesses is on fire. Because we are receiving so many questions, we decided to do a series on business exits for the month of June. Here’s what you have to look forward to— […]
Do Sales Equal Profit—Or Is There More to It?
If you’re familiar with the Fix This Next concept by Mike Michalowicz, you understand that the foundation of every business is Sales. After all, you must have sales to generate cash. However, if your business is struggling, as strange as it may sound, sales and cash are not always the solution to your problems. Sales […]
How to Eliminate Cash Flow Headaches for Ecommerce Sellers
What’s your greatest challenge as an ecommerce business? I always ask this question as I speak with potential clients and other ecommerce sellers. The resounding answer is most often—Cash Flow! My guess is it’s the same for you. Cash flow is generally one of the greatest challenges because it fluctuates so much, just by the […]
Debt and Growth in Your Business and the Role Each One Plays
I often hear comments from ecommerce business owners that they have to have debt in their business in order to grow. I understand the mindset. While some debt can be a good thing, not all debt is created equally, so there are factors that need to be considered. The same is true with growth. Here […]
5 Steps to Building a Cash Strategy That Works for Your Ecommerce Business
Your business is booming and sales are up. Your bank accounts are looking good. Your shelves are stocked with inventory. You’re living your dream, right? Hold on. As an ecommerce seller, you have most likely already experienced the other side of that upswing, so you know that this too, shall pass. Because of the general […]
bookskeep: The Small Business Support System
bookskeep started as a simple desire to meet the educational needs of my daughter. By operating a virtual admin business I was able to obtain extra income to provide her private tutoring, utilize my business savvy mind, and be a taxi driver. By 2011, my small business was helping to support our household. Due to […]
How Profit First Changed The Way We Think
In October 2014, I met Mike Michalowicz at QB Connect in San Jose, CA. I sat in a seminar room listening to a boring presentation, hearing the laughter from the room next door. I decided to go to the “fun” room where Mike was presenting and it has been “FUN” ever since. That day Mike […]