Have you ever wondered whether you could sell your Amazon FBA business or if Amazon would even allow a transaction like this? If so, how would it work and how would you determine how much your business is really worth to a potential buyer? On today’s episode, I’m joined by Joe Valley of Quiet Light Brokerage. Quiet Light Brokerage is a business brokerage firm that focuses 100% on internet-based businesses, and what sets them apart from their competition is that – not only do they have experience with buying online businesses, everyone at the firm has personal experience with building and selling an online business!
Joe has personally sold his online nutritional supplements company back in 2010 through Quiet Light, and today, he shares his valuable insight and tips on what Amazon sellers need to focus on before they decide to sell their business.
“If you don’t know the real current value of your business, you can’t set goals.” – Joe Valley
Today’s Topics Cover:
- Is an Amazon FBA business sellable?
- What makes an Amazon business valuable to business brokers and buyers?
- What determines the value range of your business?
- How long does the process of selling an online business typically take?
- How does the “non-compete clause” work?
- What are “clean books” and why is it important to keep your books clean instead of using an Excel spreadsheet?
- If you have a good business that has value – there’s a buyer out there for it.
Things to focus on before selling your online business:
- Clean books.
- Multiple streams of income.
- High value product lines and relationships.
- Sales tax and Nexus.
Connect with Joe Valley:
- Quiet Light Brokerage website
- Valuation & Planning Tool
- 10 Steps to Selling Your Amazon Business downloadable e-book
- 10 Steps to Selling Your Amazon Business online article
Join Us on November 15 for our Black Friday Webinar!
Join us on November 15 for a special webinar to learn everything you need to know to make the most of your Black Friday sales! From learning how to maximize your sales to how to extend your Amazon holiday season by as much as a few weeks – we uncover what you need to know to plan your business for the upcoming holiday buying season!
Head over to BestFromtheNest.com/bf to save your seat now!
Learn more about how to improve your Q4! Join our Q4 Bootcamp!
The Q4 season is an incredibly important and powerful part of an Amazon seller’s business. This is why we created the Q4 Bootcamp – to help you learn, grow, and improve your Amazon business throughout the Q4 selling season!
Included in the Q4 Bootcamp, you will receive:
- 14-weeks of training videos
- Access to our Facebook group
- Access to our Wholesale Course
- Access to our Hiring & Training Virtual Assistants Course
- Free, live Q&A calls
The Q4 Bootcamp is only $197!
However, if you are one of the following:
- A policeman/woman
- A fireman/woman
- An EMT
- Active, retired, or disabled military
- A spouse of an active, retired, or disabled military member
- A member of the clergy
- A certified teacher
As a way of saying Thank You for all that you do to protect, serve, and keep our country and its citizens safe – our Q4 Bootcamp is completely free!
Leave a review to enter for a chance to WIN!
If you enjoyed today’s episode of The Unstoppable Entrepreneur Show with Robyn Johnson – leave a review on iTunes and you could win a free one-hour consultation with Robyn!
Follow this link to enter for a chance to win!