With the current news cycle featuring a constant stream of economic - and existential - doom and gloom due to the unprecedented scale of the Coronavirus pandemic, the idea of entering the world of online business might be farthest from your mind. But the fact of the matter is that there has probably never been…
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…
Website Properties represented the seller in this exclusive transaction connecting this great business opportunity with the buyer, Nate Friedman. See original article below: eCommerceFuel June 9, 2015 By Laura Serino Nate Friedman started out as an electrical engineer in the steel industry, climbed the corporate ladder at a Fortune 50 company and eventually ran a…
A common problem encountered by sellers when listing their website business for sale is that they have multiple internet businesses they operate under one ‘roof’ so to speak. The sellers often only keep one set of books for all the businesses and typically one bank account where funds are deposited. The trouble starts when the…
With the summer rapidly coming to a close, people will start getting back into their business groove again as we head into fall and towards the 4th quarter bonanza. For buyers, acquiring a new website business for sale at this time of year, particularly e-commerce internet businesses, can be highly advantageous. Christmas sales and the…
There are a lot of websites popping up recently promoting the fabulous virtues of flipping websites for a living and making BIG money. Many offer extensive courses and consulting on the do's and don'ts of this business model. There are certainly plenty of self proclaimed experts and gurus who are now exploiting this niche by…
Sometimes during a negotiation between a buyer and seller, there are definitive signs that start rearing up that lead to what is known as "deal fatigue". This can happen as early as the LOI (letter of intent) stage - which is where an initial written offer is submitted and is negotiated, accepted or rejected. It…
I was recently lassoed by a family member to assist in their quest for an online business for sale they could buy and operate to create a steady stream of income. The process of working with my sister has been pretty insightful to say the least! What was quite revealing is how daunting the internet and doing business…
I recently received the survey results from a major online multiple listing service for businesses for sale. The survey conducted included over 1700 business brokers in the US. The report clearly established some trends I have been reiterating in my blog lately. In particular, the trend towards more owner financing in the deal structure. Because…
When it comes time to sell your online business venture it is very important to prepare your business presentation and get your documentation organized. Even though a business appears to be attractive in its presentation, many deals will stall and fail to close because of a lack of clear historic documentation of the business financials…