Thomas Smale, founder of FE International, one the largest e-business brokerages, provides insights on his dealings with e-Commerce merging and acquisition markets.
WHAT YOU'LL LEARN
- Background on FE International
- Understanding the Mergers and Acquisition market for FBA businesses
- Dealing with buyers
- Process of Selling an E-business
- Effect on Coronavirus on the market
- Tips for FBA’s
KEY POINTS
- There is not much difference in the process of selling and buying a bigger or smaller e-business. However, bigger businesses take longer due to its complexity.
- A seller must be willing to work with its broker in order to get the true valuation for his company.
- Securing the terms of payment from the buyer is very important; most often, the consideration for the inventory is neglected. Likewise, it is also important to look into the transition period that is workable for both parties.
- The Coronavirus pandemic has made a lot of parties nervous. However, the market is still there as the importance of going remote is highlighted.
- It is important for sellers to think of his exit plan even if he has no interest in exiting. This will help guide him in making decisions for the company.
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