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Selling Your Business Yourself? Why it may not be a Good Idea

As an independent online business owner, you may think that selling your business yourself is good idea; after all, you know your company best, and you will maintain more of the control. However, after you examine the steps necessary to sell your business yourself, you may reconsider. Selling an online company is a complex activity that requires a third party to coordinate the activities of the seller and the buyer; a business broker has the experience and training to assume that role. Many business transactions fail because the seller tries to exclude a business broker from the selling process. A [...]

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 [...]

Are SBA Lending Programs Making a Come Back?

Buying an Internet-based business poses many challenges, some of which are unique to the world of online companies. One of the biggest barriers to purchasing online businesses is securing financing. For the last few years, lending options for website acquisitions have been greatly limited, but there seems to now be some light at the end of the tunnel for those who are looking to enter the world of e-commerce but don’t have the necessary capital to purchase a company outright. SBA loans are one of the options that are beginning to re-emerge to help prospective buyers secure financing. The Effects [...]

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