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Get Pre-Qualified Before You Choose an Online Business to Buy

You've decided that it's finally time to make your dream of owning your own business a reality. You know that an online business is the right choice for your needs, and you know just what niche you want to enter. The excitement is building. You're ready to jump in and begin your search, but there is one thing you should do before you start making calls and conducting online hunts for an individual that wants to sell a web business that is just what you're looking for. Before you go any further, you need to get pre-qualified to buy a [...]

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How Do I Qualify For A SBA Loan?

If you're hoping to buy an online business, determining how you'll fund the sale before you begin your search for a business owner who hopes to sell their web business is a wise idea. Experienced website brokers will tell you that obtaining bank financing to purchase an online business can be difficult. Lenders are often hesitant to extend credit for purchasing Internet companies, particularly when there is no major real estate or equipment involved in the sale that can be used as collateral. As a result of the challenges that can come with securing financing for a web-based business, online [...]

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6 Things You Should Do after the Sale of Your Online Business

You've done what so many people aspire to do--managed to sell an online business and received a fair purchase price from the buyer. During the sale process, it's hard to focus on the future and think about what comes next with all of the attention and work required to see that the deal goes off without a hitch. Now that you've reached the final phases or completed the entire sale, it's important that you set up a strategy to ensure your financial success now and in the future. Based on the advice of some of the best online business brokers [...]

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4 Behaviors to Stop So Your Internet Business Can Grow

You want your Internet business to succeed and grow so that one day you can sell the online business at the best valuation possible. The last thing you want is to be making mistakes that are undermining your vision and detracting from your business in subtle ways, but this is very common problem from which many online businesses suffer. Taking some time for careful introspection and knowing what mistakes to look out for can help you to maximize the potential your business has for success and make your company as attractive as possible in the future to those looking to [...]

Categories: Website Brokers, Resources, Sell an Online Business, Starting an Online Business|Tags: , , |
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5 Ways to Help Employees Drive Success for your Online Business

To help your online business succeed, you've hired talented people to assist you with achieving your goals. How you lead your team will ultimately determine whether or not each individual and the group as a whole reaches their true potential and helps to drive your business. Leading the right way now can help you grow a successful company, so that one day when it comes time to sell the online business you can get the best possible valuation. Here are five ways that you can motivate and lead your employees, so that everything that they do will help to drive [...]

Categories: Starting an Online Business, Website Brokers, Resources|Tags: , , |
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Using Your 401k to Buy a Small Business

If you're interested in purchasing a small business, one of the first things you have to determine is how you'll pay for it. Most prospective business owners today do not have all of the capital saved for purchasing a business and must obtain funds from elsewhere to manage the purchase. So where will you get the money? There are many ways of funding the purchase of a small business, and one way that many buyers are managing to secure funds is through their 401(k) retirement plans. Opinions on how wise a decision this is vary widely, so here is a [...]

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Start Now to Prepare to Sell Your Online Business in 2015

You can't underestimate the importance of acting quickly when you're ready to sell your business. To get the best possible valuation, you need to sell your business when it is performing well, preferably at a peak before it begins any type of decline. That said, it is also important not to rush into the sales process. The key to a successful sale is to seize opportunities but to first ensure that you're fully prepared when that optimal moment arrives. In other words, if you know you want to sell sooner rather than later, now is the best time to start [...]

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Selling a Business in Just Nine Steps

Every Internet business is unique, but still, the sales process for any online company or e-commerce store is similar. No matter what type of business you're hoping to sell, a qualified Internet business broker should guide you through the following eight steps: 1. Valuation – Prior to the execution of a listing agreement the broker will require specific financial and operational information on your business. Upon receiving that information the broker will then develop a valuation which will indicate a suggested listing price for your business. That valuation will be driven by the historical financial performance of your business, its [...]

Categories: Resources, Valuing an Online Business, Starting an Online Business|Tags: , , |
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Making the Change from Offline to Online

In the second quarter of 2014, Internet sales in the U.S. were $75 billion, rising 4.9 percent over the first quarter of the year. With figures like that, it's no wonder that so many people are saying that the Internet is where the money is. If you've been hearing that wisdom for years, it's natural that you'd be curious about exactly what the prospects are for moving from owning an offline business to an online one or leaving your current job to enter the world of online business as your own boss. So what's holding you back? If you're like [...]

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Why Now is a Good Time to Sell Your Online Business

When it comes to selling your online business, timing truly is everything. Not only do you want to plan the sale of your business to coincide with a high point in its performance, but you also want to be certain that the market is conducive to a quick sale. If you have been considering selling your online business, there truly is no better time than the present. As we speed through the final quarter of 2014, conditions are uniquely ideal for making big gains through a sale. Here is a look at some of the reasons why now is a [...]

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Top 8 Reasons to Become an Entrepreneur

When the daily grind begins to grind you down, do you find yourself heaving a wistful sigh and wishing you could leave it behind? Do you dream of firing your boss and going into business for yourself? Everyone in the working world entertains these types of fantasies at some point in their lives, but obviously, not everyone is cut out to actually take those steps to go it alone and begin or buy their own business. So how can you be sure whether you actually possess that entrepreneurial spirit or if it just a passing flight of fancy? There is [...]

Categories: Starting an Online Business, Resources, Buy an Online Business|Tags: , , |
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6 Reasons Why You Need an Internet Business Broker

After working hard to build your online business, you deserve to get the best possible sale price on what you have built. Many Internet business owners make the mistake of trying to go it alone and sell their businesses independently. Their motivation is avoiding the fees charged by Internet business brokers, but often times, this ends up being a decision that costs them much more than what a broker would make when assisting with the sale. Here are six reasons why you need the help of an Internet business broker when selling any online business: 1. Years of Experience - [...]

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