Sell your business? There are some websites where you can sell your business or buy a an established business. Businesses are bought and sold every day, maybe you want to enter a new market or you want to exit a market. Maybe you think your business will expand to a new level with another person leading and you reached the ceiling of how high you can develop it. Let’s see some successful business deals and discuss a little about places where you can buy or sell a business.
Any business can be sold! Even websites, that are not really businesses, can be sold for a lot of money. LiveJournal just as the name suggests was a virtual community where users could keep a blog or an online digital diary, through their free open source server technology. They didn’t stop there though, they had the software allowing users to easily create blogs and diaries online they even allowed for calendars, polls, and even have guest writers. The website sold for approximately $ 25 million to Six Apart in 2007. Bankaholic is the creation of founder John Wu who also created CB Land Investments. The website itself was an online banking marketplace which basically provided its customers with credit card offers as well as interest rates and personal financial advice. The website eventually sold for $15 Million to BankRate and now has a hefty team of banking and financial professionals behind it so who knows where it could go? maybe it will be worth double the amount in a year or so.
Tips for selling a business: Spend money on an attorney and clear up all the possible legal confusions. During a purchase, your buyer might want to do the diligence and make sure everything is legal and tactical. My advice is, be practical and take the step before having any buyer so you know everything is good. Besides, every buyer wants to know what they buy is legal. Even if you’re not doing something wrong, I believe is worth to invest some dollars on a lawyer to bulletproof your business. Also, this helps you to check the terms of your service, add, or even remove disclaimers. And, then, when you talk to a buyer you can say you have an official opinion from a lawyer, and you can present it to them. This is really important because every buyer wants to minimize risks so do your due diligence before and save yourself some time and hassle during the selling process. See extra info on Buy a business or sell a business.
FE International is a website broker with a 94.1% sales success rate that offers a fully personalized sales process to ensure that the buyer and seller get exactly what they were looking for out of the sales process. Since they’re a website broker, they work directly with sellers to completely understand their business and then they contact their network of buyers to find ones that are the right fit for the business. From there, buyers make offers on the business and FE International negotiates to find the best deal for the seller. Finally, they ensure that the seller provides the right information and support to the buyer so they can successfully take over the online business so both the buyer and seller are happy. FE International is an experienced team of brokers that work together to create a high-quality experience for buyers and sellers, and they’re most experienced in evaluating 5-7 figure businesses. To learn more about what they offer buyers and sellers, check out their Frequently Asked Questions.
Businesses for sale – Is not a website marketplace by definition, and certainly, the name is descriptive, but there are websites for sale as well. The thing that caught my attention were overpriced starter sites like these. If you take that same budget and go to Exchange, you are going to get a far better deal. I feel sorry for the baby boomers which this seller (Pure Ecommerce) is clearly targeting on their website. That’s the problem with marketplaces, you get one bad seller, and you lose faith in the entire marketplace. Now I will be extra careful when sourcing deals from Bussinesses For Sale, as I comb through descriptions such as: “Start a fully automated Amazon affiliate website, 100% Passive Income from affiliate links. Potential to make a profit of $150-$200 per week within 6 months, and $500 per week within year 1.”
Amazon is the most recognized name in online merchandise sales. It’s the premier marketplace for ecommerce merchants and individuals looking to display an imposing online presence. Amazon provides web-based tools to upload product inventory through the creation of an “Amazon Webstore”. The marketing value of the Amazon “name” is something that every ecommerce vendor needs to consider when searching out the best marketplace to sell their products. Businesses looking to sell on Amazon will need to sign up and register their business name, contact information, credit card and phone number. Here’s everything you need to know to sell on Amazon including costs, FBA facts and advertising. One of the things about Amazon and other marketplaces is that integration, product matching, and product updating can be extremely difficult. As a rule of thumb, marketplaces can be difficult to integrate with, so you’ll want to do these one at a time.
Want to find a great businesses to buy? Find it on bizforsell.com ! BizForSell is number #1 Go to for business sellers, business brokers and buyers. bizforsell.com is one of the biggest and most reliable business selling marketplaces in the world. We aim to solve the unique problems business sellers, business brokers and buyers have to face while selling or buying bussiness. We offer very convenient options for sellers, buyers, and brokers of businesses. Business buyers can easily browse businesses locally and find the best possible deal . With a fast-growing audience of sellers, buyers, and brokers, you can be sure of finding something suitable for you on this marketplace if you search! We provide solutions to sellers, buyers and brokers worldwide. Source: https://www.bizforsell.com.