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, […]
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 […]
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 […]
If you’re hoping to one day sell your online business for a profit, you need to achieve success, grow your startup, have a plan for the future at all times and constantly be focused on achieving your goals. Many online businesses begin as startups without any employees, but as businesses grow, the need to hire others to help you keep growing becomes important.
Going from being a solo entrepreneur running a small Internet business to being a business owner and a boss can be daunting. This is especially true if you’ve never been in management before. Many online business owners […]
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 […]