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8 Benefits of Buying an Established Online Business

If you want to invest in a business, you primarily have two options. You can embark on your own endeavor to launch a completely new company, or you can opt to purchase an existing online business. While there are some benefits to starting your own company or backing a successful businessman or woman in your community, there are some distinctive advantages to buying an established business. Read on to explore the eight reasons why buying an established business might beat the benefits of investing in a new company. 1. Real Results - When you're investing in a startup or researching [...]

Are Business Plans a Waste of Time?

When you read most of the literature about starting an online business, the conventional wisdom is always to begin by writing a business plan. You hear the advice that you must have a business plan to ensure success so many times that it can begin to feel like an unarguable truth about beginning your own company; however, the truth is that a business plan won't keep your company from failing. In fact, all too often, people invest too much time in their business plans and wind up missing other important steps in the planning process.   Here are three things [...]

How Long Does It Take From Listing to Closing?

When you decide that it's time to sell your online business, you want the process to reach its conclusion as quickly as possible. As a result, it's natural to wonder just how long it will take for your internet business to sell once you've officially listed it with an online business broker; however, it's not easy to determine an exact timeframe, as many things can affect the speed at which your online business sells, including:  - How strong your sales are  - The desirability and appeal of your industry from a buyer's prospective  - Future growth potential of your online [...]

What Internet Business is Right For Me?

If you're considering buying an Internet business, you'll find that there are thousands of companies out there waiting to be purchased. Deciding which one is right for you can be challenging, but if you begin the process with some self-exploration, you can quickly narrow your focus and hone in on the businesses that are the best fit for your needs. To begin this process, follow these steps. 1. Examine Your Strengths Everyone has things that they are especially good at. Are you a strong writer? Do you have talents with web design? Are you knowledgeable about search engine optimization? Is there [...]

Selling Your Business Yourself? Why it may not be a Good Idea

As an independent online business owner, you may think that selling your business yourself is good idea; after all, you know your company best, and you will maintain more of the control. However, after you examine the steps necessary to sell your business yourself, you may reconsider. Selling an online company is a complex activity that requires a third party to coordinate the activities of the seller and the buyer; a business broker has the experience and training to assume that role. Many business transactions fail because the seller tries to exclude a business broker from the selling process. A [...]

Business Owners! Preparing Your Online Business for Sale

Whether you are selling your online business because you have reached retirement, or you just want to go down a different road, there are some things you need to do to ensure that the online business is ready for sale. Keep in mind that even if you take the proper steps, the sale of an Internet company can take from three months to over a year. Selling or buying an Internet company is a complex activity that requires one party to coordinate the activities of the seller and the buyer, and experienced business brokers have the experience and training to [...]

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