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Maximizing the Sale Price of Your Online Business: Expert Tips from Our Brokers

  Selling a business is a complex and strategic process that requires careful planning and execution. Business owners who are looking to sell often aim to maximize the sale price, ensuring they get the best return on their investment. In this article, we will delve into valuable insights shared by our online business brokers, experts who specialize in facilitating the sale of online businesses. By understanding their tips and recommendations, business owners can increase their chances of achieving a higher sale price. Preparation is Key Business brokers unanimously emphasize the importance of thorough preparation before listing a business for sale. [...]

Our Step-By-Step Guide to Selling Your Online Business

When you decide to sell your online business, we have developed a proven step-by-step process that guarantees a successful sale. With our experience of completing hundreds of transactions over the past 20 years, we have fine-tuned our sales process to deliver exceptional results. Here is an overview of the steps we take to guide you through the process: Initial Consultation:  We start with an initial consultation to understand your goals, business, and expectations. This allows us to gather important information about your online business, such as its niche, financials, operations, and unique selling points. Business Valuation: Our team conducts a [...]

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 [...]

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 - [...]

Selling your business with an Internet Business Broker vs. Traditional Business Broker

Getting help selling a business with a business broker is a wise idea for many reasons, but if you own an Internet business rather than a brick and mortar business, it pays to be extra selective when it comes to choosing a broker. If you call a traditional business broker on the phone and ask if he or she can help you sell an Internet business, you'll likely receive an "Of course!" in reply, but that doesn't mean that you can expect the same type of experience when you use a traditional business broker to sell an online business. Opting [...]

Why Use an Escrow Agent When You Sell Your Internet Business?

When an Internet business is sold, the closing process in many cases is not managed effectively; it is not facilitated in a way that minimizes both the seller’s and buyer’s risk. When a business owner makes the decision to sell a business their ultimate objective is to transfer ownership of that business to a new owner and to receive from that new owner the agreed to amount of consideration or dollars.  It’s simple, on a specific date the closing takes place and at that closing documents are signed, information is communicated, and money changes hands.  The seller’s objective is to [...]

Why You Need a Website Broker to Sell Your Business

Would you hire a general contractor to fix a broken appliance? No, you need someone who specializes in appliance repair.  Just like that scenario, when it comes to selling your online business you wouldn’t contact a real estate agent.  You need someone who specializes in online business brokering – a website broker. It takes specialized experience to be a website broker.  Just like a real estate agent needs to know how to properly sell and position a house, a website broker needs to have the experience and skill sets to showcase an online business and make sure it is positioned [...]

Why some online “regular” businesses sell for huge premiums

When it comes to starting a successful online business, ordinary seems to be the way to go. In a struggling economy, it’s the everyday products and services— health and beauty products, sports and fitness products, IT and online marketing businesses, etc.—that outshine the novel ones. In general, most online businesses usually sell for about 2.0 to 4.5 times the seller’s total discretionary income. But there is a certain section of the market—namely, businesses that provide common goods and services that command the higher range of these multiples. Why are these companies selling for so much? Here are a few reasons: [...]

The Tricky Business of Knowing When to Sell

If you’ve established an online business in the hopes of one day selling it to gain a profit, timing is everything. Selling too soon could mean missing out on your business’ peak, robbing you of both sales and the opportunity to gain a high selling price. Waiting too long could mean having to settle for a lower selling price than you had hoped to receive. So how do you know when the time is right to initiate the sales process? Here are some things that you have to consider: Sales – Prospective buyers want to see evidence of a steady [...]

Importance of Accurate Financials When Selling Your Business

When you’re preparing to sell your Internet business, you’ll have a number of things to consider and do. As you develop your exit strategy, one thing that you simply can’t afford to neglect is preparing accurate financial statements. While you can tell prospective buyers about your success, your financial statements are the proof that buying your website is a lucrative business opportunity, so you simply can’t underestimate their importance. Problems with the accuracy of financial statements can jeopardize any deal by: Ruining buyer trust – If a buyer believes that you intentionally withheld or falsified information, he or she may [...]

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