On The Blog
Picture this: you go to sell your business and find out after pouring in many years of hard work, that your business is worthless.
It’s not that the business itself holds no value, but rather, YOU are the business.
Remove yourself from the equation, and the business loses its engine. There ...
⚙️ What are business systems? ⚙️
Business systems start with documented procedures and processes that keep our businesses ticking even when we're not around. Like operating manuals - these are where the knowledge about how your business runs, gets captured.
〽️ McDonald’s is the common poster child...
Deciding how much inventory to purchase is a constant challenge for Amazon sellers. A deal can look good one minute and tank the next leaving you overstocked. A product can take off suddenly leaving you scrambling to restock. And seasonal stock which is hot for just a moment must be timed perfectly....
Rome wasnt built in a day. So if you are setting out to systemise your business - dont feel like you need to do it overnight.
Indeed there are several distinct stages in the process of fully systemising your business.
Stage 1 – Start Up: usually 1 employee
During this first stage you are usual...
Seller feedback is about your performance as a seller, serving as a report card that reflects the level of customer experience you deliver. Both your feedback score and the total number of reviews play crucial roles in influencing Amazon's algorithms, which determine the placement of your products i...
Next to bad sales, poor inventory management has led to the failure of many Amazon sellers.
In our business of constantly moving products, high costs, and low margins - units regularly lost here and there add up to huge dents in your profits.
So you need to be quite ocd about tracking lost units and...
While e-commerce businesses come in all different shapes and sizes, there are 7 essential systems that every business needs to be successful.
Because whilst a business may start out without systems (aka winging it), things will come unstuck as it grows. Success requires strategic thinking. Your str...
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