The Profit Assessment—How Healthy is Your Ecommerce Business?
In previous blogs about the Profit First methodology, I’ve talked about setting up your bank accounts for Profit, Owner’s Comp, and Taxes. But how do you know how much to put into these accounts? There’s a formula for that, and taking the Instant Profit Assessment below will help you determine those allocations. Let’s Get Real […]
Top 4 Profit First Bank Accounts and Why You Need Them
When implementing the Profit First methodology in your business, one of the first things you learn is the importance of setting up different bank accounts for different purposes. In Profit First for ecommerce, that first account should be for inventory activity. Once you have separated your inventory banking activity from your operating expenses, you’re ready […]
Make Profit the Habit in Your Ecommerce Business
One thing I find myself reminding people of over and over is that profit is not an event—a one-time, “Hey, I did it!” kind of thing that happens at tax time, if you’re lucky. To make real profit, consistently, it has to become your habit. Like anything else, if you have a plan and stick […]
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 […]
Client Testimonial from Joel Smith of Amaira Natural Skincare
Watch or read a client testimonial from Joel Smith of Amaira Natural Skincare.
…”The number one thing I love most about working with Books Keep is their team. I really feel that I can trust and rely on them and they have my back.”…