Robert Young

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So far Robert Young has created 73 entries.
  • Online Business Sales Process
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    5 Tips for Getting Your Online Business Under Control During the Sale Process

5 Tips for Getting Your Online Business Under Control During the Sale Process

When the exciting time has finally come and you have settled on the decision to sell your online business, it is imperative that you take care to mind a few steps in the process that will help you to get the most out of the sale and allow the process to run as smoothly as possible. The work doesn’t just end at the decision to sell, and it would be wise for you to consider the items that you need to tend to all the way up until you close the sale itself.
1. Keep Your Data Organized
Before you’re your […]

5 Habits of Successful Online Small Business Owners

The world of an online business is vastly different than the rest of the business world. Internet-based companies are often smaller and require less concern about managing real estate and facilities due to their basis in cyber space. Employees and customers may be spread out all around the world, posing unique challenges for managing and delivering first-rate service.

So what does it take to be a success as an online business owner?

Here are some of the characteristics and practices that tend to set those who rise to the top in the difficult world of Internet-based business apart from the rest.

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Looking to Sell Your Online Business? Think Like a Buyer

There are many reasons why people decide to start an online business, but for many owners, there is a clear goal of one day selling that Internet-based business for a profit. If you got your online business off the ground with plans to grow it and one day sell the company to recoup what you invested and make a nice return, it’s important to keep that eventual sale in mind as you make decisions from day to day. All too often, online business owners end up over estimating how much their companies are worth. It’s easy to understand why, […]

  • Tune-Up Your Online Business for a More Profitable Exit Strategy
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    Tune-Up Your Online Business for a More Profitable Exit Strategy

Tune-Up Your Online Business for a More Profitable Exit Strategy

When you start your online business, your goal is to grow it and make it profitable. As your online business moves out of the startup phase and becomes an established business, your goal is to continue to grow, increase your market share and keep your existing customers coming back to you. But then what comes next?

Some online business owners start a company with the plan of owning it forever and passing it on to the next generation, but increasingly, people are founding online startups in hopes of one day selling their companies for a large profit and then taking […]

Flip an Online Business – Buying Checklist

A few years ago, flipping real estate was a huge investment opportunity. If you’re not familiar with the concept of flipping, the idea is to purchase a building, usually a home that is cheap because it has been foreclosed on or needed to be sold quickly. After the home is purchased for a low price, the owner invests money in it to improve it and increase its value, then he or she sells it at a higher price and keeps the difference as profits.

Flipping has now moved beyond the world of real estate to the world of online startups. […]

Using Retirement Funds to Start an Online Business

The world of online business continues to grow, making plenty of opportunity for those with the right drive to achieve success and build a successful business. Unfortunately, it takes more than just passion and vision to start an online business; it also takes capital.

Although many online businesses are very profitable, obtaining financing to start one can be a challenge as financial institutions and investors often view them as risky endeavors due to the fact that they usually do not involve the type of tangible assets that can be used as collateral. That doesn’t mean that it’s not possible to […]