Business Value

Grow Your Business with a Successful Data-Driven Strategy

Sellers Funding Data Insights is a Game Changer for Amazon Sellers Guest post by SellersFunding. Updated October 2020. Estimated reading time: 3 minutes. It’s no secret that big data is rapidly changing the way companies do business and helping them make more informed decisions. This is why it is vital to have a robust data-driven strategy for your Amazon Sellers business, to stay competitive in today’s evolving marketplace. A successful strategy not only requires a clear vision of your business goals, but it also needs to include how you will:

Amazon FBA Business Plan Template

So you’ve ticked off everything on your business plan checklist down to a T. All products are ready to be listed, supply arrangements sorted, distributor partnerships signed, all packages properly labelled, and Amazon system records on point. Great! So you’ve got an FBA business. Or do you? If you’ve made it to this stage, the good news is that you’re off to an excellent start. The bad news? Listing products on Amazon is just the tip of the iceberg.

Brexit Preparedness for Amazon

Reading time 5 minutes As of writing this blog, Brexit is just over three months away and there is so much confusion with the politics, it is really hard to understand what it all means to one’s business. As I am in the UK this week, it has been the perfect opportunity to “take-the-pulse” of the moment and break it down into the practical implications for our Amazon Sellers. Disclaimer: This blog is given as general information and understanding of the subject and should not be used as a substitute for competent advice.

Amazon FBA in the UK and how A2X makes accounting so much easier

This article is has been written with our good friends at OD Accountants in the UK. It discusses the growth of Amazon FBA in the UK and how OD Accountants have been working though the challenges of Amazon accounting with the help of A2X. During recent years, online marketplaces have transformed the way we shop. Amazon brings together sellers, merchants and businesses in almost every industry into a highly competitive marketplace.

Sales tax strategies for Amazon FBA sellers in the United States

This article is a guest post from our good friends at MuseMinded. They have teamed up with Permitted to offer a free sales tax starter kit for US-based Amazon sellers. Learn more here. As an Amazon seller in the United States, complying with sales tax can become an extremely complex burden if it isn’t managed properly. This is due to the fact that each State has different tax rates, filing frequencies and other requirements.

Sales tax: Understand your obligations and make a plan

In the United States, there is lots of confusion surrounding sales tax among Amazon FBA sellers. This is due to a concept called nexus, which refers to having an economic connection or link to a State. To understand why nexus is such an important consideration for Amazon sellers, we need to take a look at how the retail landscape has changed over the past few decades. Before eCommerce and large scales online marketplaces such as Amazon and eBay gained prominence, most retail business in the US was conducted by bricks and mortar stores.

5 Growth Opportunities Every Amazon Seller Should Take Advantage Of

Are you looking to grow your business but don’t really know where to start? Whether you’re new to selling on Amazon or have been doing it for years, you should always have your eyes set on growth. That means setting goals, outlining how you’ll achieve them, regularly checking your progress and making adjustments as needed. So how can you actually grow your Amazon business? While there are several ways to take your storefront to the next level, here are five growth opportunities to take advantage of now:

Ecommerce options: whether to sell through Amazon or your own website

Amazon is an e-commerce behemoth. It started as an online bookstore in 1994, and is now the world’s largest online retailer. If you’re a small company, the decision to sell through Amazon can seem obvious – after all, you won’t be able to compete with it – but it’s not automatically the best decision for every business. With Amazon Australia set to open early next year, it’s a good time for Australian and New Zealand retailers to think about their choices – take advantage of the Amazon platform, or stick to their own website.

An Insight into the Catching Clouds Academy for Amazon Sellers

Our good buddies at Catching Clouds have created a masterpiece. Something Amazon sellers and their accountants will love. It is an end to end Amazon accounting course that outlines the hows and whys of Amazon accounting. It is the course for you if you’re using Xero or QuickBooks Online to track Amazon sales, either in the US or internationally. Tips and Challenges There are many aspects of the course I respect but the biggest one has to be that Patti and Scott have learned by doing, and often the hard way, and they share these experiences throughout the course.

A2X and Xerocon - Why do we love attending?

This December the team at A2X will be saddling up for Xerocon Austin. This will be our second Xerocon as an exhibitor and we’re very excited to meet with clients, partners and accounting firms who have clients selling on Amazon. We have been talking to the team at Xero about what we love about Xerocon’s and why we go! We realised that a huge part of these events was the discussions with, and feedback from our clients and partners.

Do your financials tell a story that sells?

With accrual accounting, the business gained in value by 86 percent." Your financial accounts should offer insight into your business, showing successes and opportunities and helping to pinpoint trouble areas. It means, as an Amazon seller you have the information you need to make better, smarter decisions about the future of your business – you’ll know the true cost of sales, where you’re making and losing money, and where you could be investing more.

Future-proofing your Amazon business for sale

Like all business owners, Amazon marketplace merchants may one day weigh up the prospect of selling their business. And, of course, they’ll want to get the best possible price. It’s never too early to ensure potential buyers will see your business in the best possible light. Online business broker and owner of Quiet Light Brokerage, Mark Daoust, shares tips to make the process much more streamlined. Have clean books Buyers want to see clean, concise books that accurately reflect business efficiencies and inefficiencies.