Get the 7 Things you need to address before selling your e-commerce business

E-commerce Checklist...

7 Things you need to address before selling your e-commerce business!

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COGS or INVENTORY?

When do you book new purchases as inventory or cost of goods sold? How do you adjust your inventory when you sell goods? Do you know your inventory method? LIFO, FIFO?

ARE YOUR SALES TAX FILINGS UP-TO-DATE?

Do you know what each state you sell in require as far as charging sales tax and remitting it? Are you tracking it on a state by state basis? If not, you should be. This process takes a huge amount of time and knowledge, let us help with this.

What do potential buyers want to see?

Folks who look at your business to purchase will want to see a number of documents that will show them your financial health, potential to grow and the future profit of the business.

Meet THE AUTHOR

Susan Nelson

Susan is the owner of Freedom Bookkeeping. She’s been in the bookkeeping biz for well over a decade, but in 2017 she went virtual and Freedom Bookkeeping was born.

I've owned my own small business, complete with inventory and cost of goods sold. I completely understand wanting to sell and not having everything in order to do that.

We are e-commerce certified bookkeepers, we get your needs and pain points.

Wondering about selling your business? Get the 7 things you absolutely need to get in order before you decide to sell:

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