Buy a business or sell a business

Buy an established business? There are a few marketplaces 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 develop to a new level with another owner 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. Freakanomics, was founded by Stephen J. Dubner, in the year 2005 and was sold just two years after it was first created. Stephen was a professional journalist for the New York Times, when he started the blog, which was actually created after the huge success of Dubner’s book, which was also called ‘Freakanomics’ . The website was eventually bought out by the New York Times the sum of $8 million. The Consumerist, is yet another website which was developed by the Gawker Media Group, there doing quite well aren’t they? Anyway, Joel Johnson was the editor-in-chief although the site was originally the idea of Nick Denton and Lockhart Steele both of whom are highly ranked within the Gawker Media Group. They decided to sell the consumerist to Consumer Media LLC when they were offered around $7 Million. I think I may have sold for that price too!

Advices 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 more details on Selling a business almost free of charge.

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.

We Sell Your Site – like many before mentioned, We Sell Your Site also has listed on their website that they’ve sold over $100,000,000 in website deals. Well, at least unlike BizBroker24 they have an SSL certificate installed and no errors on their website but only two blog posts (October 2018). More importantly, their listings are pretty empty, only 2 websites listed for sale, so you have to sign up to their newsletter in order to get new listings in your inbox. On the website screenshot you can see media mentions on Forbes and Entrepreneur, but if you click on those nothing happens, so you can’t actually see the articles. I tried Googling those appearances but wasn’t able to find them.

Bonanza, listed as “…the best eBay alternative we’ve seen” by Ecommerce-guide, underwent a name change in 2010 and went from ‘Bonanzle’ to ‘Bonanza’. Like Amazon, Bonanza has roots in Seattle. Their current revenue is difficult to find, however, we do know Bonanza has had two rounds of funding. Setting up a booth on Bonanza is free, as is posting your items for sale…but there is a percentage that goes to the site when items are purchased. Consumers will enjoy this site; the navigation is very simple to use. To the left of the image placeholder are four dynamic section links; above the placeholder is a navigation bar with three links and a search bar. The links are listed as “For Her”, “For Him”, and “For Everyone”. Hovering over these links produces a quick-link list with categories.

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.