Transferring your website business is one of the most important aspects when it comes to having a successful exit. Simply put, if your website business is not in a position to be easily migrated to a new owner, you can’t sell it. While this might not sound like you and your website business, the fact…
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…
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. …
Often, owners have so much equity tied up in their business - financial, emotional, intellectual - that they never even consider the thought of one day selling it. It’s their baby. While selling your business may not be on your radar right now, the fact of the matter is that it should be. Keeping the…
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.…
FitSmallBusiness.com Jason Rueger July 22, 2015 Excerpt from the original article: Name: David Fairley Company: WebsiteProperties.com (Founder and President) Full Comment: “Take a hard look and be very vigilant when it comes to controlling expenses by evaluating if those funds are being spent for maximum effect. Finally, like selling a home or car, take the…
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…
Many sellers describe their business opportunities as having great potential and upside that should justify a higher selling price. We regularly find ourselves explaining that buyers don't pay for potential or what is referred to as 'blue sky' - unrealized financial expansion and profitability. Buyers will tend to focus on current and past results and…