When it comes to valuing your website business, there’s no shortage of advice out there, often with sites ready to spit out a golden number using a ‘proprietary’ system to assess a multiple: just plug in a few data points and a valuation can be yours in seconds. The fact of the matter is that […]
Due diligence for any business – brick-and-mortar or online – can be a complicated process, one that’s further amplified by the costs that even the smallest oversight can represent. Often coming after a ‘letter or intent’, it can feel like a tedious series of hurdles keeping you from the business you want to acquire, but […]
Selling your online business is a huge moment in every entrepreneur’s life. After all, this company has likely been the focus of your life for a substantial amount of time: requiring commitment, investment, and effort at all hours of the day. As such, many online business owners get into the trap of failing to see […]
When most business owners think about selling their online business, they tend to narrow in on the sale itself, and because of this become myopic about what it takes. The fact of the matter is that selling your business is something that should be on your mind all the time, and something that should affect […]
Strategic Buyers: These are often individuals or companies that operate as competitors, customers or suppliers to your business or within the larger marketplace. Their goal is to strategically integrate your business into theirs to achieve their goals, among them: increased scale, growth, efficiency, or to adopt proprietary or unique processes or technologies you may employ. […]
So you’ve invested your hard-earned money, time and know-how into building a successful online business. Now it’s time to sell an online business, and reap the rewards of all that hard work. The question is, where do you start? Though the world of online businesses can seem two-dimensional compared to a traditional brick-and-mortar operation, the […]