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You Just Bought an Online Business, Now What?

No matter what stage of life you are in, investing in an online business can be an exciting time.  Instead of starting your online business from the ground up, you can enjoy the many advantages that come with acquiring an established online business. While there may be upfront costs that come with buying a pre-existing company, the risk of purchase is a lot lower than it might be to start a business from scratch. Alongside that, as a buyer, you can get crucial business assets that make the business run smoother, like a client base, successful marketing strategy, good standing relationships [...]

The Ultimate Guide to Getting a Killer Deal on an Online Business without Being a Harsh Negotiator

Always in the movies, you see some angry businessman sitting in their office suite negotiating some important deal, yelling, screaming, and dictating orders into the phone. It’s easy to look at this type of media and think that this is the way that business deals go down in real life, and to believe that perhaps this is the only way. Fortunately, that isn't the case. It has been shown that having a good sense of humor, a level head, an easy tone, a good temperament and the capability to not take everything said and done around you personally are great [...]

Top 5 Reasons Entrepreneurs May Decide to Sell Their Online Businesses

Those who are considering buying a business from an online business owner will often wonder why the owner is selling his or her business if it is a profitable and successful one. That is, of course a fair question. For all of the many reasons than an entrepreneur might begin his or her own online business or purchase one that has already been formed, there are just as many reasons that they might want to consider selling their online business, too. Some of these reasons are more prominent than others, and those reasons can be found below. 1. They Want [...]

5 Habits of Successful Online Small Business Owners

The world of an online business is vastly different than the rest of the business world. Internet-based companies are often smaller and require less concern about managing real estate and facilities due to their basis in cyber space. Employees and customers may be spread out all around the world, posing unique challenges for managing and delivering first-rate service. So what does it take to be a success as an online business owner? Here are some of the characteristics and practices that tend to set those who rise to the top in the difficult world of Internet-based business apart from the [...]

Looking to Sell Your Online Business? Think Like a Buyer

There are many reasons why people decide to start an online business, but for many owners, there is a clear goal of one day selling that Internet-based business for a profit. If you got your online business off the ground with plans to grow it and one day sell the company to recoup what you invested and make a nice return, it's important to keep that eventual sale in mind as you make decisions from day to day. All too often, online business owners end up over estimating how much their companies are worth. It's easy to understand why, of [...]

Tune-Up Your Online Business for a More Profitable Exit Strategy

When you start your online business, your goal is to grow it and make it profitable. As your online business moves out of the startup phase and becomes an established business, your goal is to continue to grow, increase your market share and keep your existing customers coming back to you. But then what comes next? Some online business owners start a company with the plan of owning it forever and passing it on to the next generation, but increasingly, people are founding online startups in hopes of one day selling their companies for a large profit and then taking [...]

Flip an Online Business – Buying Checklist

A few years ago, flipping real estate was a huge investment opportunity. If you're not familiar with the concept of flipping, the idea is to purchase a building, usually a home that is cheap because it has been foreclosed on or needed to be sold quickly. After the home is purchased for a low price, the owner invests money in it to improve it and increase its value, then he or she sells it at a higher price and keeps the difference as profits. Flipping has now moved beyond the world of real estate to the world of online startups. [...]

Using Retirement Funds to Start an Online Business

The world of online business continues to grow, making plenty of opportunity for those with the right drive to achieve success and build a successful business. Unfortunately, it takes more than just passion and vision to start an online business; it also takes capital. Although many online businesses are very profitable, obtaining financing to start one can be a challenge as financial institutions and investors often view them as risky endeavors due to the fact that they usually do not involve the type of tangible assets that can be used as collateral. That doesn't mean that it's not possible to [...]

5 Questions to Ask Before Selling Your Online Business

Many entrepreneurs dream of the day they sell online business ventures at six or seven-figure valuations and walk away having reaped the financial benefits of all the time and energy that they've put into their online businesses. They focus on the payoff from the sale and don't think too much about the sales process itself. As a result, they end up quickly overwhelmed with all that needs to be completed when it comes time to sell online business companies. This doesn't mean that you shouldn't plan to one day sell your online business or to sell it in the immediate [...]

Why More Baby Boomers Are Looking to Sell Their Online Businesses

Small businesses are being sold at paces that are record breaking compared to recent years. A market report found that the sale of small businesses with annual revenues of under $500,000 and medium size businesses with annual revenues of $500,000 to $2 million increased by 6 percent during the first three months of 2015, continuing an upward trend in small and medium sized business sales that has been on pace for roughly 2 years. More entrepreneurs are buying small and medium sized online businesses that are already established and thriving rather than launching startups, according to experts, and part of [...]

Top 3 Mistakes Preventing You From Selling Your Online Business

What have you been working toward as you grow your online business? If you're like many entrepreneurs, you've toiled day in and day out to grow your business, so that you could maximize your return on both your financial and time investments and make as much as possible when it comes time to one day sell your business. Entrepreneurs who are working now with their eventual exit in mind may be dismayed to know that selling a business isn't always the surefire process that they believe. A study done by Pepperdine University found that more than half of all hopeful [...]

3 Reasons You Should Sell Your Online Business

Some online business owners form companies in hopes of passing them along to future generations, but many entrepreneurs go into the business with the intention of growing their companies in order to one day sell them for a profit. If you're in the latter category, it's important to know exactly when it is the best time to sell. Choosing to sell too soon could mean getting less than the full value of your company, while waiting too long puts you at risk for changes in the market that could decrease the value of your business. So when should you consider [...]

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