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 […]

5 Questions to Ask Before Selling Your Online Business

Many entrepreneurs dream of the day they sell online business ventures at six or seven-figure valuations and walk away having reaped the financial benefits of all the time and energy that they’ve put into their online businesses. They focus on the payoff from the sale and don’t think too much about the sales process itself. As a result, they end up quickly overwhelmed with all that needs to be completed when it comes time to sell online business companies.

This doesn’t mean that you shouldn’t plan to one day sell your online business or to sell it in the immediate […]

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    Why More Baby Boomers Are Looking to Sell Their Online Businesses

Why More Baby Boomers Are Looking to Sell Their Online Businesses

Small businesses are being sold at paces that are record breaking compared to recent years. A market report found that the sale of small businesses with annual revenues of under $500,000 and medium size businesses with annual revenues of $500,000 to $2 million increased by 6 percent during the first three months of 2015, continuing an upward trend in small and medium sized business sales that has been on pace for roughly 2 years.

More entrepreneurs are buying small and medium sized online businesses that are already established and thriving rather than launching startups, according to experts, and part of […]

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    Top 3 Mistakes Preventing You From Selling Your Online Business

Top 3 Mistakes Preventing You From Selling Your Online Business

What have you been working toward as you grow your online business? If you’re like many entrepreneurs, you’ve toiled day in and day out to grow your business, so that you could maximize your return on both your financial and time investments and make as much as possible when it comes time to one day sell your business.

Entrepreneurs who are working now with their eventual exit in mind may be dismayed to know that selling a business isn’t always the surefire process that they believe. A study done by Pepperdine University found that more than half of all hopeful […]

3 Reasons You Should Sell Your Online Business

Some online business owners form companies in hopes of passing them along to future generations, but many entrepreneurs go into the business with the intention of growing their companies in order to one day sell them for a profit. If you’re in the latter category, it’s important to know exactly when it is the best time to sell. Choosing to sell too soon could mean getting less than the full value of your company, while waiting too long puts you at risk for changes in the market that could decrease the value of your business.

So when should you consider […]

Growing Trend in Entrepreneurships

When you think of the word “trend,” your mind likely turns to fashion, beauty, interior design and other creative fields where people tend to draws inspiration from similar sources, leading to the popularity of certain looks or styles. But trends aren’t just relegated to the world of consumer products; as economic conditions change, trends also emerge in the world of business, particularly in the area of entrepreneurship, where patterns emerge regarding who is starting businesses, what kinds of businesses they’re starting and how they’re getting them off the ground.

Those who keep up with the latest in entrepreneurship have noticed […]