Sell your business

Selling a business almost free of charge? There are some platforms 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. World Hum is a very highly regarded and award-winning magazine-style blog which was created by Jim Benning and Michael Yessis. The pair were obsessed with travel and decided to create the blog as an outlet for their passion. Within the blog they had all sorts of various categories; how-to sections, question-and-answer sections and where the best places to travel were, as well as how to get there and where to stay once you arrive. Eventually the Travel Channel decided to make them an offer in 2007 to the tune of $6 Million, which they just couldn’t turn down. I can’t say I blame them though. Arseblog, yes I know you’re properly all sniggering, well at least those of you in the UK as it is a bit of a naughty word but anyway, the website was created by Andrew Managan in 2006,m due to his undying loyalty to the football team Arsenal FC (Soccer to all of you reading this in the US). In 2007 Andrew was made an offer god-father style, one he definitely could not refuse $5 million by the company Ole Ole. The site has since changed it’s name to Ole Ole.

Advices for buying a business: The better financials you have, the higher the chances you have of selling your business. In my case, it took me a long time to clear up my financials so I could present my business to buyers. Unfortunately, it wasn’t really well-structured. I didn’t have much experience, and I needed to call an accountant to help me present everything better and in a smooth way to potential buyers. Also, remember not to include personal purchases or any activities that don’t include your business. Keep your numbers clear and simple; it will help you sell your business faster and smarter. Many people make this mistake and include their personal expenses inside their business and even keep their business’ money in their personal bank account. This is all a huge mess because if a buyer wants your business, it would have to see all your bank information to see what’s going on. So, keep business and personal expenses separate. Ideally, set the base for twelve months of just transactions related to the business to make your finances clearer, making it easier for you to sell your online business. Read more details on Best buy and sell business offers.

Empire Flippers offers a full-service and personal approach to buying and selling online businesses. Their main goal is to minimize the friction that can occur throughout the buying and selling process and they do that by personally vetting sellers on the buyer’s behalf and they help sellers step-by-step through the process of selling their business. For buyers, peruse the Empire Marketplace to find the right online business for you and pay a 5% refundable deposit to get access to 12 months of store data. Empire Flippers also helps to facilitate communication by scheduling calls with the seller, and their team vets the store’s data so you can be sure everything’s legitimate and accurate. For sellers, Empire Flippers helps to weed out non-serious buyers, they’ll help you make more money than you would if you were selling your online business on your own, the entire sales process is done on your behalf, and they provide competitively-priced listing fees.

Flippa has been the go-to place for years for finding good profitable and established websites for sale. Like any other marketplace, there are sneaky people (let’s call them criminals) who will try to trick and scam you. Flippa is getting better and better in tracking them down. Also, buyers are now more sophisticated then they were when Flippa just started out. There are some great websites with a solid track record that you can find on Flippa. Budget starts from as low as $500 or even $100 for a starter site, all the way up to $1,000,000. Unlike some other marketplaces, Flippa doesn’t have an official vetting process, meaning, everybody can list anything. This is where your experience as an investor comes into play. You may see an “Editor’s choice”, but that doesn’t mean you should let someone else do the due diligence. On the screenshot below you can see the Editor’s choice icon or just click here to see all the latest editor’s choice picks. Couple more important things to note. Flippa is a marketplace that also sells domain names, apps and e-commerce websites like Amazon FBA and Shopify stores. Furthermore, it is an auction-based (like eBay) marketplace. This means that buyers are bidding against each other, the seller can set a reserve (the minimum price for which he intends to sell his asset (website)).

Cafe Press’s income has been cut significantly (from 89.19M to 41.8M), and there’s doubt this has to do with Amazon’s explosive popularity. A trend we’ll likely continue seeing for a lot of alternative marketing channels on this list. The website is easy to navigate and is pretty clear in terms of functionality and navigation, with a detailed help section designed to assist both individuals and businesses in purchasing stock from the site or establishing a commercial presence online…albeit a limited one. The limitation affects ecommerce merchants who have specialized stock they’ve created or manufactured that they’re trying to sell; CaféPress allows the sale of specific stock items provided by the marketplace itself. The advertising is pretty clear on the site, inviting individuals to sell custom designs on over 250 products they can choose from; the site offers the creation of a “CaféPress Shop” which individuals can design to showcase their designed products.

BizForSell works as a hub for business brokers as well. Business sellers can search and contact business brokers on the website to assist them with the selling process or business brokers can post advertisements themselves to find buyers of their clients’ business. All the related stakeholders can help each other this way through BizForSell connection. Moreover, we also allow registered brokers to publish business related blogs and connect to businesses in general. 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.