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Navigating Your First Online Business Sale: 3 Essential Tips

Congratulations on making the pivotal decision to sell your online business! While this endeavor can certainly be accompanied by its fair share of stress, it's also a thrilling opportunity. However, it's crucial, particularly for first-time sellers, to remember that selling an online business involves a multi-step process, demanding meticulous planning to maximize your potential returns. Here, we offer three invaluable suggestions to guide you through this transformative journey and ensure that it's not only profitable but also enjoyable. Success in selling your business begins with setting the right foundation!   Tip 1: Maintain Business Vigilance Throughout the Process The decision [...]

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5 Tips for Getting Your Online Business Under Control During the Sale Process

When the exciting time has finally come and you have settled on the decision to sell your online business, it is imperative that you take care to mind a few steps in the process that will help you to get the most out of the sale and allow the process to run as smoothly as possible. The work doesn't just end at the decision to sell, and it would be wise for you to consider the items that you need to tend to all the way up until you close the sale itself. 1. Keep Your Data Organized Before you’re [...]

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5 Ways to Help Employees Drive Success With Your Online Business

If you're hoping to one day sell your online business for a profit, you need to achieve success, grow your startup, have a plan for the future at all times and constantly be focused on achieving your goals. Many online businesses begin as startups without any employees, but as businesses grow, the need to hire others to help you keep growing becomes important. Going from being a solo entrepreneur running a small Internet business to being a business owner and a boss can be daunting. This is especially true if you've never been in management before. Many online business owners [...]

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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 [...]

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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 [...]

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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 [...]

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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 [...]

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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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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 [...]

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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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7 Most Common Mistakes to Avoid during the Sale Process

When you're selling an online business, you want to get the best possible price for the company that you've worked hard to build. While there are many ways that you can help to boost the likelihood of a profitable sale, there are an equally large number of blunders that you can make that could undermine your efforts. Read on to discover seven of the most common mistakes that Internet business owners make when it comes time to sell and find out how to avoid repeating them yourself. 1. Waiting too long to sell. Many online business owners think to themselves, [...]

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