In this episode, Jeremy from Bookskeep shares what you need to be thinking about as you prepare to sell or consider selling your Amazon business. Jeremy shares what he has seen has helped clients get better offers and close deals faster.
Cyndi Thomason - Bookskeep.com
Robyn Johnson - Marketplaceblueprint.com
Jump To:
01:45 - What are the clients going through when preparing to sell
03:30 – Understanding the profitability without the extra stuff that may help the business owners with their taxes
06:01 – Things that are critical to the business operations and can be considered ad backs
06:30 – Valuation of business
07:56 – Financial Statements
10: 15 – Good insight into what time of the year is the best time to start the process
12:00 – PPC
16:00 – Confidence in Numbers
19:05 – Data
21:20 – Market
23:14 – Inventory
27: 05 – Cool books versus Cash books
30:55 – having a clean set of books
33:06 – Start getting educated about what that process looks like
35:15 – Saving money on bookkeeping
42: 35 – Making sure you have your trademark filed
44:08 – Investing in your trademark