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Selling Your Online Business? Get Your Documents in Order

Do you want to sell your online business now or in the future? While other reasons may draw buyers to your business at first, the most important factor for every investor is return on investment.  To convince them, you must provide comprehensive, well-organized documentation and professionally-prepared financial records which clearly show the historical performance of your company which justifies your asking price. Proactive preparation of financials will enable you and your broker to determine a fair asking price for your online business and also help you identify any shortcomings or discrepancies in your books The first step towards having an [...]

2 Huge Mistakes to Avoid When You’re Selling Your Online Business

All entrepreneurs dream of making their business a success. Some do it for pride, some do it to establish a family business to pass on to future generations, but most do it to turn a huge return on investment when the sell their online business.  It’s not as easy as some think to sell an online business.  The reality is that many small online business owners make huge, often costly, mistakes when trying to sell their online business. Even in a good economy, it can be very difficult to sell an online business. Education on the buying and selling process [...]

5 Key Reasons Starting an Online Business Is A Better Choice for Many Entrepreneurs

Many entrepreneurs have debated the idea of buying an online business as opposed to buying a brick-and-mortar one – perhaps it’s because of the array of options they can choose from and the benefits that come from owning an online business. Of course, which business venture to buy is tricky, but usually boils down to your own priorities. What industry do you want to invest in? What are you hoping to ascertain from your investment money? What kind of experience do you want to come from the money you invest? While it can be difficult to narrow your choices down, [...]

Four Important Indicators That Tell You It’s Time Sell Your Online Business

Are you a successful entrepreneur and wonder if it's time to sell your online business? How would you know the time is now or not?  All entrepreneurs are excited to start their online business, but they don’t know when the right time is to get out. After all, it’s a personal decision that is often influenced by several mitigating factors. How do you know if you should sell your online company now or wait? Consider the following four situations to help you make that gut-wrenching determination. Four Key Signs It Is Time You Should Sell Your Online Business   There [...]

3 Essential Metrics Business Owners Should Know When Selling Their Online Company

Have you built a strong online business, putting your heart and soul into it and made the executive decision to sell it? If so, then congratulations. Building your business from scratch was difficult, selling it will be no easy feat either. In fact, it can be downright tricky! After all, you don’t want to undersell your company and lose money, but asking too much for it can also have a negative impact. If you plan to sell your successful online business, you need to know what your business is worth – what a potential buyer is willing to purchase it [...]

Is an SBA Loan the Best Option for Buying an Online Business?

Many people dream of becoming their own boss of an internet based business. It’s an attractive proposition since you can make your own hours, set your own rules, operate from anywhere in the world and keep all the profits from your online business.  However it’s not an easy road to get there and, unfortunately, only a very small percentage of individuals actually get to make that dream a reality – and succeed. The main reason for this failure is due to the statistics collected concerning startups. Studies have shown that 9 out of 10 people who tried the transition from [...]

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