Robert Young

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So far Robert Young has created 70 entries.

Selling Your Online Business? Get Your Documents in Order

Do you want to sell your online business now or in the future? While other reasons may draw buyers to your business at first, the most important factor for every investor is return on investment.  To convince them, you must provide comprehensive, well-organized documentation and professionally-prepared financial records which clearly show the historical performance of your company which justifies your asking price.

Proactive preparation of financials will enable you and your broker to determine a fair asking price for your online business and also help you identify any shortcomings or discrepancies in your books

The first step towards having an accurate […]

  • Selling Your Online Business
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    2 Huge Mistakes to Avoid When You’re Selling Your Online Business

2 Huge Mistakes to Avoid When You’re Selling Your Online Business

All entrepreneurs dream of making their business a success. Some do it for pride, some do it to establish a family business to pass on to future generations, but most do it to turn a huge return on investment when the sell their online business.  It’s not as easy as some think to sell an online business.  The reality is that many small online business owners make huge, often costly, mistakes when trying to sell their online business.

Even in a good economy, it can be very difficult to sell an online business. Education on the buying and selling process […]

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    5 Key Reasons Starting an Online Business Is A Better Choice for Many Entrepreneurs

5 Key Reasons Starting an Online Business Is A Better Choice for Many Entrepreneurs

Many entrepreneurs have debated the idea of buying an online business as opposed to buying a brick-and-mortar one – perhaps it’s because of the array of options they can choose from and the benefits that come from owning an online business. Of course, which business venture to buy is tricky, but usually boils down to your own priorities.

What industry do you want to invest in?
What are you hoping to ascertain from your investment money?
What kind of experience do you want to come from the money you invest?

While it can be difficult to narrow your choices down, […]

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    7 Questions That Need Answers Before Proceeding with An Internet Business Purchase

7 Questions That Need Answers Before Proceeding with An Internet Business Purchase

If you’re debating about buying an Internet company, it’s extremely important for you to know what you’re getting involved with. This means asking questions and analyzing the answers you get to make an informed decision. Is the investment you are making a sound one?

 
7 Smart Questions To Ask Yourself Before The Purchase Of An Internet Business
 
How Reputable Is The Internet Business?
Owning an established Internet business compared to a brick-and-mortar location tends to reduce the risk of loss. After all, there’s very little overhead (if any), and there’s already some digital trail you can follow to determine just how […]

  • 3 Reasons To Have Clean Financial Records When Selling Your Business
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    3 Reasons To Have Clean Financial Records When Selling Your Online Business

3 Reasons To Have Clean Financial Records When Selling Your Online Business

When it comes to selling your online business, nothing can derail the sale faster than the lack of accurate financials.  After all, any company that wants to buy another company is going to want to look at the financial records in detail. Those records let prospective buyers know what kind of risk they are taking or could potentially face. Will they be able to run the company and expand it?  Will they run into financial trouble in their first year?

The only way they’ll know this is by the selling company offering prospective buyers detailed financial records for them to […]

  • How Do You Know When it’s Time to Sell Your Online Business
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    Four Important Indicators That Tell You It’s Time Sell Your Online Business

Four Important Indicators That Tell You It’s Time Sell Your Online Business

Are you a successful entrepreneur and wonder if it’s time to sell your online business? How would you know the time is now or not?  All entrepreneurs are excited to start their online business, but they don’t know when the right time is to get out. After all, it’s a personal decision that is often influenced by several mitigating factors.

How do you know if you should sell your online company now or wait? Consider the following four situations to help you make that gut-wrenching determination.
Four Key Signs It Is Time You Should Sell Your Online Business  
There are several […]