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 […]
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 […]
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 […]
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 […]
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 […]
When determining the actual value of a website business beyond the financial profit and loss statements using method such as EBITA , Cash Basis , etc , the main supporting fundamentals, other than the financial condition of the business, are unique to internet opportunities. These fundamentals typically underscore the reason for a buyer to pay […]