I get quite a lot of ‘accounts’ type questions arriving in my inbox and to be honest when I see these they do make me a little nervous! Why? Well because I am not an accountant and therefore am not really qualified to advise on tax issues, VAT payments, which bank account to choose...
Read moreLace Llanora is Community Manager at The Wholesale Forums, the UK’s leading B2B networking community & advice forum for wholesalers, distributors, importers, drop-shippers and retailers. Do you still remember the day you finally had enough capital to fund your own business? Many sole traders sourced their first capital from their savings, selling personal assets...
Read moreIn the modern ecommerce world, multichannel tools, such as Linnworks, offer you the opportunity to list your products on multiple channels with a minimal increase in the effort required. Multiple channels can address different geographical markets, and also different demographic groups. This can increase your sales for a given product for a relatively small...
Read moreTracking your finances – making sense out of your balance sheet Knowing how much you “own” and how much you “owe” is important. It’s pretty obvious, you’ve got to own more than you owe, otherwise you are in trouble. And that’s what the balance sheet is for – it helps you track your assets...
Read moreThe quick answer is maybe ! For an offline business, going online is accessing wider audience, adding value and increasing flexibility with multi-channel sales. This is very commonly found in recent years. Most of the departmental stores offer multi-channel sales. Few like M & S are expanding to Europe with local sites and local...
Read moreImagine, you’re walking down the street and you’re trying to find a nice pair of shoes for a night out. As you pass a few shops and stalls you come across a bare and rickety market store which looks as though they may sell the shoes you’re looking for but it’s hard to tell...
Read moreGreat news! Linnworks and Royal Mail have partnered up and announced the release of a direct integration that will help retailers automate both tracked and untracked shipments. The integration allows online sellers subscribed to the Linnworks Anywhere software package to work directly with Royal Mail’s services, and to process and label their packages without needing to...
Read moreOne of the biggest bonuses of selling online is the opportunity to reach anyone, anywhere at any time. Your eBay store is open 24 hours a day, 7 days a week and that means that you have the opportunity to make sales at even the most obscure times. Unlike a high-street shop that can...
Read moreOnce again ChannelAdvisor are offering us an amazing insight into relevant numbers from eBay’s quarterly results. This time it’s from Q4 and what makes it even better; these results are analysed from a seller’s perspective. While many found it quite unrealistic when eBay claimed they wanted to grow faster than e-commerce, the Q4 results...
Read moreTo kick 2013 off we have decided to run a series of finance-related blog posts tailored to online sellers. Finance may not be the sexiest subject but we hope a clear guide will be useful for a lot of our customers. After speaking to hundreds of sellers across all sorts of categories it has...
Read moreWow, it’s crazy to think that we’ve been trading for almost a year now. It feels like we started just yesterday, but at the same time it’s like we’ve been around forever. So much has happened since March and we thought it would be nice to do a little recap of 2012 (can you...
Read moreSellers have been looking forward to seeing the first numbers from this holiday season and Channel Advisor has just given us the first UK specific ones. Good news! eBay and Amazon continue to show strong growth but the biggest growth was in sales through comparison sites. How are your sales so far? Go to Channel...
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