There is no one key that unlocks the door to success for business owners. Instead, operating a successful business often requires getting a number of fundamentals correct. Below are some tips specific to running an internet business that does not guarantee a victory, but when executed properly can go a long way on the road […]
David Fairley, Website Properties President, was recently interviewed by Forbes Magazine regarding how individuals throughout the US are starting and building million dollar businesses from their own homes. The internet is a wide open playing field for entrepreneurs and David’s comments and the Forbes article gives helpful suggestions to start of your next 6 figure […]
When a business owner makes the decision to sell his/her online company, one of the next questions that usually follows is whether to hire a website business broker to handle the sale process or to try to sell on his/her own. Hiring a website business broker provides a number of services that will prove valuable […]
Once you’ve made the decision to sell your internet business, it’s important to tend to a few items that will help you get the most out of the sale of your business and make the process as smooth as possible. Here are six tips to keep in mind when your business is listed for sale: […]
Often times when starting or acquiring a website business, owners overlook the importance of an exit strategy. What is an exit strategy? It is a plan for when an owner may want to sell a business. Selling the business is usually not on most people’s minds when they are just getting started, but it should […]
If you’re ready for a new business venture, one of the first items you need to consider is whether to buy an existing business or build your own from scratch. Building an online business, in particular, can be relatively inexpensive with the initial start-up cost of creating a new website, outsourcing content and initial SEO […]
Buyers will often ask “If a business is successful and profitable, why is the owner selling?” Well, for all of the reasons that entrepreneurs decide to start their own website business or purchase an existing one, there are likely many more reasons that they all consider selling their internet business at some point in time. […]
In my 14 year of brokering and running website businesses one thing has become very clear; the difference between OK companies and great companies is almost always the quality of the people. Most of the business books, articles or interviews that I have ever read and admired always had a common thread, there was or […]
When determining the actual value of a website business beyond the financial profit and loss statements using method such as EBITA , Cash Basis , etc , the main supporting fundamentals, other than the financial condition of the business, are unique to internet opportunities. These fundamentals typically underscore the reason for a buyer to pay […]
One of the biggest decisions an internet entrepreneur will make is when is the right time to sell the business ( or rather “baby”)? We get approached regularly to provide feedback, free website appraisals and general advice on potential clients internet businesses they own currently and are considering selling. Sometimes our appraisal is enough information […]