E-Commerce · Europe
NORDESTIC
Growth strategy and founder coaching for a 7-figure Swedish furniture e-commerce business
Overview
NORDESTIC is a German-based e-commerce company selling Swedish furniture, generating seven-figure revenue. The two founders had grown rapidly through paid advertising but were misaligned on the path forward, both in terms of growth strategy and a potential exit. They also had limited visibility into their P&L and margin profile, which would be critical for any future acquirer or investor.
Actions
- •Coached both founders through strategic alignment on growth direction and exit planning
- •Walked through how investors and acquirers would diligence the business
- •Trained the founders on reading and optimizing their P&L and margin profile
- •Advised on supplier negotiations to improve margins
- •Developed strategies to increase customer lifetime value through upselling and cross-selling, improving the return on existing acquisition spend
Results
- •Founders aligned on a clear growth and exit strategy
- •Improved financial literacy and control over the P&L
- •Identified margin improvement opportunities through supplier negotiations and LTV optimization
- •Business better positioned for future acquisition or investment
Tags
- Growth Strategy
- Executive Coaching
- Fundraising Strategy
- Financial Strategy
Want to learn more, or talk through how this might apply to your business? Get in touch.