Robert Young

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So far Robert Young has created 74 blog entries.

Questions To Ask When Selling Your eCommerce Business

Selling your eCommerce business can be challenging, especially if you are doing it for the first time. To avoid making costly mistakes, it’s advisable to have a clear understanding of the process of selling your eCommerce business from the valuation to the transfer of ownership and training management to run the company after your exit. While the sales process can be complicated, proper implementation of steps can make the deal run as fast as possible. Most business sale listings are closed within 30-120 days, but some might spill over due to certain factors in the deal. Nevertheless, a sale is [...]

Sell Your Online Business For Millions

You've worked hard to build your business. You found the perfect niche, and then you developed a strategy for growth that's working. While you're making money now, the ultimate payoff will come when you sell the web business. Your company could be the next Internet business selling for a million-plus, but only if you're smart about how you sell that online business. 1. Start Early. The best time to start thinking about selling your business is well before you actually plan to list it. You want your business to be in the best possible financial situation when it comes time [...]

Sell Your eCommerce Business in 2019

Have you built a profitable eCommerce business that you’ve put your heart and soul into and made the decision to sell it? If so, then congratulations. Building your eCommerce business was difficult, and selling it will be no easy feat either.  In this post, you will learn the various factors to consider to realize the highest value for your eCommerce business. What is your eCommerce Business Worth? Profitable E-commerce businesses are highly valuable. The valuation of these companies can range from a few thousand dollars to 10 figures.  It is largely based on several factors, but most importantly profitability.  The [...]

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, [...]

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