Selling a web business on an auction

Why the Auction Model Doesn’t Work for Selling a Website

When selling a website or an online business, you usually have three overall models to choose between – run an auction, set an asking price, or advertise the business without a price.

The asking price and the auction models are both quite popular. The asking price model is a clear “winner” in terms of popularity in mid- to high end acquisitions, but the auction model is very common for a lot of low-end website purchases.

But does it really work, or does it hurt the involved parties instead?

Read more
Strategies to Increase Website Value

6 Strategies for Maximising Your Website’s Market Value

Many of us have websites that generate some kind of revenue month to month. These sites are often worth a significant amount and selling may be the perfect option to fuel your new business or help you invest elsewhere.

But it’s not all fun and games – there are some important things that one needs to consider before rushing into selling off a potentially very valuable asset. Some of these things can significantly affect how your site will be valued at, and in some cases whether it will even be bought at all!

Read more
Don't Buy a $100k Lemon of a Website

How to Buy a Profitable Web Business for $100k or Less

The two most common questions people ask from me are “how should I go about buying a website for <$100,000?” and “Can I find a decent online business for less than 2x its yearly profit?”. These questions are often asked by the same people. The answers to them are more complicated than one might think, and if you were to ask 10 people somewhat familiar with the online acquisitions industry then odds are that you’d hear answers ranging from “It’s impossible” to “Easy. Just browse Flippa” – both of which are colossally wrong.

Read more
Exit Plan

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 then invest in your newest venture, or perhaps use it as a retirement fund or to finance that round-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 don’t know to avoid, resulting in deals falling through at the last minute, seller getting paid much less than the business is actually worth, or in not being able to find a buyer at all.

Read more
Unbiased Broker Reviews

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.

Read more