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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. [...]

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 [...]

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 [...]

Growing Trend in Entrepreneurships

When you think of the word "trend," your mind likely turns to fashion, beauty, interior design and other creative fields where people tend to draws inspiration from similar sources, leading to the popularity of certain looks or styles. But trends aren't just relegated to the world of consumer products; as economic conditions change, trends also emerge in the world of business, particularly in the area of entrepreneurship, where patterns emerge regarding who is starting businesses, what kinds of businesses they're starting and how they're getting them off the ground. Those who keep up with the latest in entrepreneurship have noticed [...]

Top 3 Business Industries for Online Start-Up Companies

You know that the Internet is booming, but did you realize that 20 percent of global economic growth is due to online businesses? Experts predict that the importance of online businesses in the overall global economy will only grow in the future, meaning that outlooks for many types of online businesses are good. Among the many types of online companies, there are some that stand out. Here is a look at three of the top online business industries: 1. E-commerce What Is It? E-Commerce is the selling of goods online. This can be done through a business website or through [...]

What is a Letter of Intent?

If you're hoping to buy or sell an online business and it's your first time being involved with a sale, you're about to be introduced to a whole new set of terminology. The process used to sell a web business involves a number of steps and many types of documentation. While website brokers can help you navigate the process, having a thorough understanding of some of the most important terms is sure to come in handy. One term you're almost certain to encounter is a Letter of Intent, and this document is incredibly important to both buyers and sellers. The [...]

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