Welcome back to the show, great to have your company.
This week’s guest is Jason Lee from https://www.thefbaflipper.com.
Jason’s firm (or brokerage) helps people and businesses who want to buy China-based FBA businesses. FBAFlipper is the ONLY broker who knows the Western FBA space, the Chinese FBA Space and M&A. Jason has looked at over 400 ecommerce businesses for sale and he also sells on Amazon himself, so he’s right across the space.
We go in depth on
- The 4 crucial steps you need to take to sell and transfer your own FBA business without a broker (who’ll charge as high as 15% of the deal size to help you get this simple process done)
- The differences between Chinese and Western buyers and sellers as well as the way many Chinese FBA buyers run their FBA businesses.
- How it’s absolutely vital that you know your numbers. Cashflow is one thing, but understanding your net profit is crucial in order to value your FBA business properly.
We cover lots lots more, so if you’re thinking about selling your business, or buying one, this is a must listen episode.
Please join my Facebook Group over at www.theaustralianseller.com/facebook
Don’t forget I am offering private coaching again this year so please head over to www.theaustralianseller.com/chris to book an hour session with me to make sure you’re heading in the right direction!
Coming soon, I’ll be speaking at the Global Sources summit towards the end of this month (April 2021), so keep an eye out for that.
A big thanks to the Retail Global folks for allowing me to speak at the RG Conference on the gold coast a few weeks ago! It was cut short, but Regina, Calli and I managed to knock a 5 hour intensive workshop on Building your brand on Amazon Australia!
Podcast: Play in new window | Download
Subscribe: RSS
