I had a long, fascinating three-thousand word post ready to go on Magento server configurations, but I figured with one week to go before Black Friday, this was more relevant… [click to continue…]
Here’s a summary of things I found interesting this week relating to growing and operating ecommerce enterprises — enjoy perusing this weekend.
Impressive, to say the least.
I immediately thought of my own experience in online retail. It took my company about eighteen months to cross the one million dollar revenue threshold — slightly longer than it took Justin, but not half bad as we did it holding no inventory, employing very little capital up front (about five hundred dollars). [click to continue…]
Here’s a summary of things I found interesting this week relating to growing and operating ecommerce enterprises — enjoy perusing this weekend. [click to continue…]
What’s your business worth?
We all think about this periodically, even if we are happily running our companies and have no intention of selling today. How else are we going to be able to sit around fancy tables cracking escargot jokes tomorrow?
Financial buyers value private companies using a few common ratios, specifically price/revenue (P/R) and price/earnings (P/E). But these ratios vary according to all sorts of variables from the size of the company in question to how fast it is growing to its industry and business model. [click to continue…]