Getting help selling a business with a business broker is a wise idea for many reasons, but if you own an Internet business rather than a brick and mortar business, it pays to be extra selective when it comes to choosing a broker. If you call a traditional business broker on the phone and ask if he or she can help you sell an Internet business, you’ll likely receive an “Of course!” in reply, but that doesn’t mean that you can expect the same type of experience when you use a traditional business broker to sell an online business. […]
You started your Internet business in hopes of growing and becoming profitable. Now, that you’re starting to achieve your goals, you want to continue maximizing growth, but you need to be careful to do so without increasing overhead. When it comes time to sell an online business, overhead can reduce the attractiveness of a company. By reducing overhead in smart ways that improve the efficiency of your Internet business in the years leading up to a sale, you can improve your financials and one day reap the benefits in terms of getting a lucrative selling price.
Here are six ways […]
When you started your business, you dreamed of one day profiting from it. Your goal was to grow it and then sell it for a profit, and now, you are finally nearing the realization of your dream. But what comes after the closing?
Very few business owners take the time to consider their exit strategy and then find themselves pressured at the last minute to make a decision regarding how they will leave their companies. In almost all cases, selling your online business includes a transition period of three to four weeks where you train and transition the business to […]