Scaling and Selling Ecommerce Businesses - The Faces of Business

In this, The Faces of Business, Nathan Hirsch, CEO & Co-Founder, EcomBalance, talks about Scaling and Selling Ecommerce Businesses. Nathan has been a successful ecommerce seller and has a deep understanding of the ecommerce space overall.

Nathan is a serial entrepreneur who started as an Amazon seller in 2009. His Amazon ecommerce venture gave him valuable expertise in hiring and training Virtual Assistants. He ran his amazon ecommerce business for seven years before starting a virtual assistant marketplace because other ecommerce sellers he knew wanted to use his virtual assistants. He ran this virtual assistant agency for four years, selling it in 2019 to one of his clients.

Damon greets Nathan on this Livestream with zeal and zest. Since the host has thoroughly reviewed the guest's LinkedIn profile, he aptly calls him a serial entrepreneur. He opened his career as a vendor on Amazon in 2008.

Nathan highlights the present-day demand for bookkeepers. "I think it's pretty standard now to have a bookkeeping service." Like ecommerce, bookkeepers weren't a thing. New technology has given new meaning to already existing bookkeepers. "And it applies to every business," especially where the entrepreneurs do not understand accounting and auditing.

Damon wants the guest to talk about AccountBalance. He had to because he "was getting lots of referrals" from the people who "knew me in the past." They wanted Nathan's help with their company's account balance. Nathan launched Accounts Balance for non-ecommerce businesses.
Nathan argues that Certified Public Accountants (CPAs) are good at tax calculation and related affairs. Meanwhile, a CPA "usually costs more than the bookkeeper, so you save money there."

The guest shares his valuable insights into using the right tool. QuickBooks or Xero should be the only accounting software. He puts forth that not all free apps are made equal. He advises using software called Bench. It, however, is not compatible with anyone.

Similarly, for ecommerce businesses to connect to Amazon and Shopify, 2x is a matchless tool. Furthermore, it generates accurate statements. On a lighter note, Nathan says, "usually, you don't need twenty bank accounts to run your company."

Both Damon and Nathan exchange thanks with one another. With this, the conversation closes.

Our Guest
Nathan Hirsch

Nathan is a serial entrepreneur who started as an Amazon seller in 2009. His Amazon ecommerce venture gave him valuable expertise in hiring and training Virtual Assistants. He ran his amazon ecommerce business for seven years before starting a virtual assistant marketplace because other ecommerce sellers he knew wanted to use his virtual assistants. He ran this virtual assistant agency for four years, selling it in 2019 to one of his clients.

Damon greets Nathan on this Livestream with zeal and zest. Since the host has thoroughly reviewed the guest's LinkedIn profile, he aptly calls him a serial entrepreneur. He opened his career as a vendor on Amazon in 2008.

Nathan has a Bachelor’s Degree in Entrepreneurship & Small Business from Quinnipiac University.


Contact Damon Pistulka for sales & management consulting or selling your business: damon@exityourway.us
Check out Exit Your Way consulting page: https://exityourway.us/business-consulting/

We are live stream The Faces of Business Tuesdays & Thursdays 3 pm Pacific to:
Damon Pistulka's LinkedIn Profile: https://www.linkedin.com/in/damonpistulka/detail/recent-activity/shares/
Damon Pistulka's Twitter: https://twitter.com/dpistulka
Exit Your Way Facebook Page: https://www.facebook.com/

Exit Your Way Live schedule here: https://exityourway.us/exit-your-way-live-stream-schedule/
Check us out on LinkedIn:
Damon Pistulka: https://www.linkedin.com/in/damonpistulka/
Andrew Cross: https://www.linkedin.com/in/andrewmcross/

Find more about how we help business owners and companies
Exit Your Way website: https://exityourway.com/
Cross Northwest Mergers & Acquisitions www.crossnw.com

Check out our daily posts on our company pages
Exit Your Way LinkedIn Page: https://www.linkedin.com/company/exit-your-way/
Exit Your Way Facebook Page: https://www.facebook.com/Exityourway/

Are you on the Service Professionals Network? You should be. Grow you SEO backlinks and brand FREE! www.serviceprofessionalsnetwork.com
Damon Pistulka - Service Professionals Network: https://www.serviceprofessionalsnetwork.com/members/damon-pistulka/
Andrew Cross - Service Professionals Network: https://serviceprofessionalsnetwork.com/members/across/

Other websites we support:
Project Help You Grow www.projecthelpyourgrow.com
Damon Pistulka www.damonpistulka.com