Preparing Your Amazon Business to Exit Rich
Today we wrap up our blog series on exits with a review of a new book released at the end of last month, Exit Rich by Michelle Seiler Tucker and Sharon Lecter. While this book is not written specifically for ecommerce businesses, it is packed full of great information. Ms. Tucker draws from her vast […]
Profit First and Inventory Lab – Making Cash Work for You!
Good news! Today we’re going to discuss how to use Inventory Lab to assist in managing your Profit First Cash Flow system. I’m excited to share this with you because it represents a breakthrough in my thinking that occurred while I was on my 4-week vacation recently. Earlier this year, Jeff Campbell of Inventory Lab […]
Exiting Tips from a Recent Amazon Seller
To listen to the full video interview, click here. This week, we’re talking with Christian, who recently sold his Amazon business. As a valued bookskeep client, we have followed Christian through this process and have been there to help make sure his numbers were accurate and complete—a must-have when working with prospective buyers! Christian shares […]
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 […]
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 […]
Amazon Review Guidelines: What Sellers Should Know
Reviews are vital to a seller’s success on Amazon. Having recent and relevant reviews is crucial in a competitive niche, as reviews impact search visibility. Reviews help inform shopping decisions and set products apart. Reviews also provide other less tangible benefits for sellers. Seeing exactly what a buyer thinks of a product can inform future […]