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 […]
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 thriving, sales are soaring, and your bank accounts are looking healthy. It seems like you’re living your dream, doesn’t it? However, as an ecommerce seller, you’re likely familiar with the flip side of this success. You know that the boom times can be followed by challenging periods where every dollar is stretched […]
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 […]
Build your Ecommerce Business to Run Without You–4 Weeks at a Time
For the 4th year in a row, I will be taking my annual 4-week vacation from my business, coming up next month. Admittedly, in 2020 I stayed home, like so many others, but I still took the time away from the business. For anyone who follows me, and follows Mike Michalowicz, you know how I […]
Cash Flow Management for Ecommerce Sellers–Do You Have a Plan?
It’s been just over a year now since our world dramatically changed. We all were forced to think outside our usual boxes, in life and in business. Was it all good? Absolutely not, but was it all bad? I don’t think so. As with most things, there has been some good to come from it. […]