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 […]
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 […]