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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 [...]

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 - [...]

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, [...]

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 [...]

Growing Revenue without Adding Overhead

You started your Internet business in hopes of growing and becoming profitable. Now, that you're starting to achieve your goals, you want to continue maximizing growth, but you need to be careful to do so without increasing overhead. When it comes time to sell an online business, overhead can reduce the attractiveness of a company. By reducing overhead in smart ways that improve the efficiency of your Internet business in the years leading up to a sale, you can improve your financials and one day reap the benefits in terms of getting a lucrative selling price. Here are six ways [...]

Qualifications for SBA Loans for Internet Businesses

The SBA loan program was designed to encourage entrepreneurs to start and expand new businesses by providing loans partially backed by the government in order to provide extra security for lenders. The idea behind the program is to lower the risk of lending to small businesses. If you're considering purchasing an online business, an SBA loan may be an option for you to secure at least a portion of the funds that you'll need; however, it can be difficult to qualify for a loan even with SBA backing when you're purchasing an Internet-based company. Read on to learn more about [...]

Defining Your After-Sale Role

When you started your business, you dreamed of one day profiting from it. Your goal was to grow it and then sell it for a profit, and now, you are finally nearing the realization of your dream. But what comes after the closing? Very few business owners take the time to consider their exit strategy and then find themselves pressured at the last minute to make a decision regarding how they will leave their companies. In almost all cases, selling your online business includes a transition period of three to four weeks where you train and transition the business to [...]

8 Benefits of Buying an Established Online Business

If you want to invest in a business, you primarily have two options. You can embark on your own endeavor to launch a completely new company, or you can opt to purchase an existing online business. While there are some benefits to starting your own company or backing a successful businessman or woman in your community, there are some distinctive advantages to buying an established business. Read on to explore the eight reasons why buying an established business might beat the benefits of investing in a new company. 1. Real Results - When you're investing in a startup or researching [...]

Are Business Plans a Waste of Time?

When you read most of the literature about starting an online business, the conventional wisdom is always to begin by writing a business plan. You hear the advice that you must have a business plan to ensure success so many times that it can begin to feel like an unarguable truth about beginning your own company; however, the truth is that a business plan won't keep your company from failing. In fact, all too often, people invest too much time in their business plans and wind up missing other important steps in the planning process.   Here are three things [...]

How Long Does It Take From Listing to Closing?

When you decide that it's time to sell your online business, you want the process to reach its conclusion as quickly as possible. As a result, it's natural to wonder just how long it will take for your internet business to sell once you've officially listed it with an online business broker; however, it's not easy to determine an exact timeframe, as many things can affect the speed at which your online business sells, including:  - How strong your sales are  - The desirability and appeal of your industry from a buyer's prospective  - Future growth potential of your online [...]

What Internet Business is Right For Me?

If you're considering buying an Internet business, you'll find that there are thousands of companies out there waiting to be purchased. Deciding which one is right for you can be challenging, but if you begin the process with some self-exploration, you can quickly narrow your focus and hone in on the businesses that are the best fit for your needs. To begin this process, follow these steps. 1. Examine Your Strengths Everyone has things that they are especially good at. Are you a strong writer? Do you have talents with web design? Are you knowledgeable about search engine optimization? Is there [...]

Business Owners! Preparing Your Online Business for Sale

Whether you are selling your online business because you have reached retirement, or you just want to go down a different road, there are some things you need to do to ensure that the online business is ready for sale. Keep in mind that even if you take the proper steps, the sale of an Internet company can take from three months to over a year. Selling or buying an Internet company is a complex activity that requires one party to coordinate the activities of the seller and the buyer, and experienced business brokers have the experience and training to [...]

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