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Ecommerce Wizards Podcast

Ecommerce Wizards Podcast

Written by: Guillaume Le Tual
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The Ecommerce Wizards podcast features top leaders in e-commerce and business to discuss proven strategies and trends from people in the trenches. Economics Leadership Management & Leadership Marketing Marketing & Sales
Episodes
  • Why Shortening the Cash Conversion Cycle is Crucial With Matt Putra
    Jun 8 2023

    Matt Putra is an experienced financial executive with a long career spent with small businesses and conducting long-term forecasting for ecommerce brands. He is a Fractional CFO for EightX, a company specializing in predicting the pattern, future, and profit for businesses in any industry.

    Matt has worked with many businesses, including Tru Earth, The Tumeric Co., Lusomé, Community Forward Fund, and New Market Funds. Additionally, he works closely with entrepreneurs to help them establish new businesses.

    In this episode…

    The Cash Conversion Cycle (CCC) is a metric that many businesses don't consider enough. How many days does your ecommerce business take to convert sales into cash?

    Cash is everything for ecommerce businesses. Sales are essential, but cash management is even more important for long-term health. Many young companies neglect this aspect and suffer in the long run, leaving potential growth on the table or burning out. A handful of incredible tips can help online brands shorten their CCC.

    Guillaume Le Tual again joins Matt Putra, a Fractional CFO at EightX, to discuss CCC in-depth and what ecommerce businesses should improve about their process. They dive into the four steps Matt suggests for brands, why the subject matters so much, and how even small changes can make massive differences. They also go through inventory pricing and adding more value on the back end.

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    16 mins
  • How to Financially Structure Your Ecommerce Business With Matt Putra
    Jun 1 2023

    Matt Putra is an experienced financial executive with a long career spent with small businesses and conducting long-term forecasting for ecommerce brands. He is a Fractional CFO for EightX, a company specializing in predicting the pattern, future, and profit for businesses in any industry.

    Matt has worked with many businesses, including Tru Earth, The Tumeric Co., Lusomé, Community Forward Fund, and New Market Funds. Additionally, he works closely with entrepreneurs to help them establish new businesses.

    In this episode…

    Are you an ecommerce entrepreneur struggling to get a handle on your finances?

    When starting a business, getting a foothold on your finances is one of the most complex and vital aspects of your endeavor. You may face a myriad of financial hiccups, strains, and issues. You can get advice on improving logistics, but that doesn't address your financial structure or the effects of inventory levels on cash flow. Should you take out a loan or secure a line of credit? Entrepreneurs need sound financial advice and long-term solutions so they can concentrate on growing a thriving business.

    In this episode of the Ecommerce Wizards Podcast, Guillaume Le Tual speaks with Matt Putra, a Fractional CFO at EightX, about properly structuring your finances as an ecommerce company. They discuss the best loans, properly using a line of credit, how to handle inventory spikes, and keeping money for continual growth. Matt also talks about how to handle yourself when approaching lenders.

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    20 mins
  • Selling an Ecommerce Business: Valuation, Deal Structure, and Legal Pitfalls To Avoid
    May 25 2023

    Paul Rafelson is a Partner at Rafelson Law Firm, which focuses exclusively on ecommerce business concerns. With over 15 years of experience, he has in-depth knowledge of tax, litigation, and M&A legal matters and is regularly cited by the press when it comes to Amazon and ecommerce. The House Antitrust Committee used him as a primary resource in its report on Amazon's business practices.

    Before his private practice, Paul worked as an in-house attorney at Microsoft, Walmart, and General Electric. He is also a professor at Pace University School of Law in New York, where he teaches constitutional law on state taxation.

    In this episode…

    Most of the advice available for ecommerce businesses centers around building and growing the company. However, questions for entrepreneurs interested in selling and exiting remain, including what's a fair price and what issues deserve special attention.

    As an experienced ecommerce attorney, Paul Rafelson has extensive knowledge in the complex world of mergers and acquisitions. With many moving parts, the process of selling your business and having a successful exit needs special attention. Paul knows that having someone to help you navigate these matters is essential, especially for Amazon sellers. Having legal counsel at your side will help prevent a deal from going sideways and ensure you get the best return possible.

    In this episode of the Ecommerce Wizards Podcast, Guillaume Le Tual sits down with Paul Rafelson, Partner at Rafelson Law, to talk about selling an ecommerce or Amazon seller business. They go through the entire process, including appropriate expectations, how much you should receive upfront, considering economies of scale, and the legalities involved in selling your business.

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    48 mins
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