Any first time experiences in buying an ecommerce business? Resources?
October 21, 2020
by a searcher
from Campbell University
in Emerald Isle, NC 28594, USA
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by a searcher
from Providence College
in Providence, RI, USA
Buying a an ecommerce business is a bit different from other business acquisitions, it all comes down to a thorough due diligence, I was reading an article last week regarding this: https://feinternational.com/blog/e-commerce-business-due-diligence-checklist/ You also want to ask the seller how he stocks inventory and get information on what the overhead cost is and your margins.
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by a searcher
from Pepperdine University
in Boise, ID, USA
Do some research on different types of e-com businesses and associated benefits/risks of each model. Lot's of variables. Website direct vs Amazon/eBya/Walmart/et al. Dropship vs self-fulfill vs FBA. If you have specific questions, let me know and I'll try to be of help.
from Providence College in Providence, RI, USA
from Pepperdine University in Boise, ID, USA