Browse all posts in business — field notes from the senior advisors at Website Properties.
Whether it’s businesses big or small, most people don’t like sitting down and working the books. Hell, back in the day the good folks of Enron disliked traditional accounting so much, they created their own “black box” system that - surprise! - obscured billions in losses for the better part of a decade. Ignoring the…
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…
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…
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…
“Entrepreneurs and Online Businesses – the perfect match!” By Areya J. Uniontown, Ohio Successful businesses have a few key traits that are shared amongst them. They were started by determined people who were passionate and curious about their work. People who couldn’t picture any other path than the one they were on. Many businesses fail…
“Entrepreneurs and Online Businesses – the perfect match!” By Matthew N. Punta Gorda, Florida The word “entrepreneur” summons up many images. It evokes symbol of the common man who rises up to become one of the elites of society, the clever individual who discovers what people want or need and becomes set for a life…
“Entrepreneurs and Online Businesses – the perfect match!” By Kaylan S. Danville, California The internet has been a great breakthrough over the last 25 years. It has allowed people with creative, innovative and powerful ideas to turn them into action. Because there is such a large reach and very low cost of entry, the web…
The New York Times Blog, October 7, 2010, 2:06 pm, By BARBARA TAYLOR It’s been one year since my brother-in-law, Dan, began his search to buy the perfect Internet business. In those 12 months, he has reviewed hundreds of listings, made inquiries on about 50 and submitted six offers. None of them resulted in a…
The New York Times Blog, November 11, 2009, 6:24 pm, By BARBARA TAYLOR Dan recently became an “accidental entrepreneur” — although my gut tells me it wasn’t completely accidental. In any case, he’s searching for an established Web site to call his own. And I’ve been asked to help. I know a bit about Dan’s…
