I'm a serial entrepreneur with a passion for cutting-edge technology, business intelligence and the world of website acquisitions. I'm a co-founder of Centurica, as well as serve as a Business Advisor for Flippa Deal Flow.
 

Caution

The MOST Important Website Due Diligence Question (That Buyers Rarely Ask)

If you’re someone who’s looking to purchase an online business or purchased a few already, you probably know that due diligence is a difficult subject, and there are a lot of things to verify and confirm before you can safely assume that the site you’re about to commit your hard earned money to is actually worth it, and not the work of a smart scammer trying to sell you a dud.

But even the buyers who tend to perform extremely thorough due diligence often completely neglect what I consider by far the most important due diligence question/assessment when buying an online business ……

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Website Brokers

Are All Website Brokers Misrepresenting Financials?

Quiet Light, FE International, Deal Flow, Latona’s – we’re all guilty of it! Or at least this is how some buyers see it.
With nearly half a decade in the online business brokerage industry, the number one concern that I keep hearing from buyers is related to accounting with owner’s time (and the cost of it) in the provided financials.

This is clearly a major issue, and one that no online business brokerage has yet managed to properly solve.

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The Most Important Rule for Buying an Online Business

The Most Important Rule When Buying an Online Business

Buying online businesses often involves a significant learning curve. You need to know what’s the fair price to pay, how to complete proper due diligence, how to organise the handover of the business, what to do with the business after you’ve bought it and much more.

But everybody needs to get started somewhere. Because of this, I’m often asked what’s the one thing that every buyer should know and understand, and this article will take a shot at answering just this.

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11 Steps to Selling Your Website for Profit

So you have a website or an online business and you’re considering selling it for a lump sum of cash that you can invest in your newest venture, or perhaps use it as a retirement fund or to finance that around-the-world trip that you’ve been dreaming of?

It may seem fairly easy and simple, but in reality, there are a number of pitfalls that the majority of first time sellers tend to fall in, resulting in deals falling through at the last minute, the seller getting paid much less than your business is actually worth, or not being able to find a buyer at all.

I have compiled an overview of the most common mistakes made across the industry, accompanied by some tips for preparing yourself and your business for the exit phase, ensuring a smooth transaction and most importantly – making sure that you will get paid a fair price for your property.

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