Field notes on buying and selling online businesses — from the senior advisors who close them.
With the news story of the week once again shifting from political pundits discussing "lipstick on a pig" as a reality show diversion to influence silly voters to the cold hard facts that our economy is in worse shape than otherwise expected, voters as well as buyers and sellers of businesses for sale are getting…
Recently, in conversation with a buyer that was aggressively pursuing multiple websites for sale in our listings, I discovered subsequently that their mode of capital was going to be coming through an SBA loan. Upon hearing this I explained to the buyer that many of the deals would not pass the stringent criteria of the…
KKOL Business Radio 1300AM Radio Seattle, WA May 7, 2009 Guest host Albert Israel interviews David Fairley, President and Founder of WebsiteProperties.com to discuss his insights about buying and selling website businesses on its Town Hall morning show. *Link to KOL Interview has been archived on KKOL Business Radio website and is no longer active…
With lay offs surging well over the 500,000 mark monthly, millions of recently unemployed and highly skilled and educated people are taking the plunge into the entrepreneurial waters of developing or buying their own small business. Because internet businesses seem to have statistically greater resilience in this global downturn than traditional offline businesses, many of…
The last 6 weeks have been quite a shock to most Americans and people around the world. The economic upheavals have been monumental and without precedent. In our business as website business brokers, we have seen multiple deals fall apart or not move forward as a result of the uncertainty and fear in the marketplace.…
Who says you can't thrive in a recession? Not every business has to suffer from a downturn in the economy. Website Properties.com is a prime example of this. We are coming off our most fruitful month in the history of our company. We closed 6 website business for sale transactions in January which included a total…
I spent the morning with my children watching the historic inauguration of Barack Hussein Obama. As a Canadian living in the US, having two American born children and 3 weeks away from becoming naturalized, I am proud this day that I am going to become a US citizen myself in a few weeks. It really…
The year that is passing may not have many fond memories for a lot of people, but for those who have invested in an online business for sale or have sold one, it wasn't such a rough ride! In fact, now that the shock and awe has passed there is an air of optimism among…
On the eve of turkey day and a well deserved long weekend, I thought it would be appropriate to give thanks for the business I find myself engaged in currently. As a website business broker I spend my days conversing with website owners wanting to sell their internet businesses and budding internet entrepreneurs looking for…
The historic day has arrived after 20 months of an intense political race, economic uncertainty and global recession. How does the effect of the election and the apparent recession affect your internet business or the opportunity of buying a website business now? I am personally looking forward to completion of the process and hope that…
