spiredigital

21 ms·

1.
The In-Depth Guide to Selling Your Business(medium.com)
3 points by spiredigital 9y ago|1 comments
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by spiredigital 11y ago
I've worked on my own remotely / out of an office environment for years, and definitely miss the banter and the camaraderie, but would never trade it back for the typical 9-to-5 I use to have. I find it insanely easier to get thin
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Life as a Remote Employee(ecommercefuel.com)
5 points by spiredigital 11y ago|1 comments
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by spiredigital 11y ago
Very nice! Will this work with complex forms I already have built on my site, or do I need to create the form with special code/markup for it to work properly?
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My $50,000 Bet: How to Plan for (and Justify) a Site Redesign(ecommercefuel.com)
1 points by spiredigital 12y ago|0 comments
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by spiredigital 12y ago
Cool listing, Dave. Shared it as I think it will be interesting to see how this pans out. Quick question: Do you guys have the processes for this store well documented? IE, written instructions for how to do all of the recurring tasks li
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Open-Book Sale of Our $267K Online Store, with Full Financials(storecoach.com)
3 points by spiredigital 12y ago|3 comments
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Framework for Managing a Distributed Team(ecommercefuel.com)
1 points by spiredigital 12y ago|0 comments
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How I Nearly Botched My Business Sale(ecommercefuel.com)
1 points by spiredigital 13y ago|0 comments
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How People Judge You Based on the Emails You Write(ecommercefuel.com)
2 points by spiredigital 13y ago|0 comments
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The Biggest Opportunities in eCommerce Right Now(drewsanocki.com)
1 points by spiredigital 13y ago|0 comments
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by spiredigital 13y ago
OP here. Happy to answer any questions on the process, the auction or the closing. And thanks for submitting, akcreek!
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by spiredigital 13y ago
Didn't use them right from the beginning, no. Have been using them to sync inventory for about 6 to 9 months now, and just recently started using them for order routing and sending out tracking numbers. Original product data was gathe
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by spiredigital 13y ago
Unfortunately, the trailing six months isn't a meaningful figure given the annual seasonality of the niche. Value would be over stated in the spring (when profits are high) and under stated in the fall (when profits are low). And whil
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by spiredigital 13y ago
Appreciated, thank you. And congratulations with the success you've had pairing your web app and eCommerce - very original! Best of luck with it in the future.
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by spiredigital 13y ago
Good question. It's really a personal decision based on risk. Technically, I think consumers can go after anyone in the supply chain so, even retailers or stores. So it's not a bad idea to have. That being said, I'd say the
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by spiredigital 13y ago
No worries! :-)
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by spiredigital 13y ago
Absolutely. It's run on the Magento OpenSource shopping cart, and it's a LAMP environment.
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by spiredigital 13y ago
Thanks! And, yes, will definitely be doing a follow-up post when everything is finished.
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by spiredigital 13y ago
Sorry, "elicit". Thanks for the catch mvkel.
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by spiredigital 13y ago
OP here! This is not the only drop shipping site I run, and I talk about the others on my blog. This specific site (TrollingMotors.net) doesn't make six figures annually - that's correct. But I do have stores that do (I mention
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by spiredigital 13y ago
Starting with $0 would be difficult. I think having at least $1,000 or $2,000 would be helpful for web hosting, some basic design / logo work, and a small advertising budget. I started with $1,500 (for my first site, not this one. Th
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by spiredigital 13y ago
Thanks! I picked the niche purely based on where I thought I could make money. When I started it, I had been running another drop shipping site for a few years already and wanted to try my hand in different market. Finding drop shippers i
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by spiredigital 13y ago
I will if you will offer me a 60 day options contract to sell bitcoins at a fixed price after close! Otherwise, the volatility cold double or half the purchase price. :-)
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by spiredigital 13y ago
Good question! I was actually wondering about that when I was drawing up the financials. I don't honestly have a good answer for that. Speculating here, but it could be minor changes in the manufacture pricing (they set minimum prici
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by spiredigital 13y ago
On point #1, you're right - not everyone will know about the auction right away. But I have been able to alert a large group of people early. I have a good-sized email list, and they found out this morning. I structured the sale to (ho
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by spiredigital 13y ago
Thanks - appreciate that!
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by spiredigital 13y ago
OP here. Thought a lot about the auction structure and decided the Dutch style (reverse) was the best given my goals. I wanted to combine getting a good value with the ability to showcase the bid/price - and the process - publicly. If
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by spiredigital 13y ago
Great questions. Let me address them: 1) The rationale behind the reverse auction isn't 100% profit based. It's the best combination of being able to be transparent (for a good case study) combined with the ability to get a goo
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by spiredigital 13y ago
Thanks for the comments. I do have a financial background, and to my knowledge companies usually don't amortize advertising. Amortization and depreciation is something reserved for large assets that have a significant upfront cost an

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