We continue to post chapters from our upcoming ebook guide, How to Sell an Online Business, to help business owners prepare for a sale. In this second chapter, we look at different approaches to value a business and which one is right for your online business in approximating its worth. 2. Valuation & Financials The […]
Resources for Entrepreneurs
Where to Sell an Online Business
In our comprehensive seller’s guide, How to Sell an Online Business, we help business owners prepare for an exit. Selling online businesses requires the right platform and assistance. In this first chapter, we look at the differences between selling for-sale-by-owner and going through a business broker. If you want a more professional looking and complete […]
Ecommerce Sales for Fourth Quarter 2021
Summary: Despite some fluctuations through out the year, total ecommerce sales for 2021 were up significantly over 2020, according to the latest statistics from the U.S. Department of Commerce. Fourth Quarter 2021 The estimate for U.S. retail ecommerce sales for the fourth quarter of 2021, adjusted for seasonal variation, but not for price changes, was […]
7 Reasons to Hire a Business Broker
As a business owner and entrepreneur, you’ve likely poured your heart and soul into your company. So, when it comes time to sell, how can you ensure the best possible outcome? Hiring an experienced business broker is a great place to start. Here are 7 reasons why you should consider hiring a business broker to […]
7 Digital Business Trends for 2022
With the new year upon us, it’s a good time to look at new business trends and which business ideas are attracting the most interest from business buyers. We reviewed a snapshot of website data from 13,000 page views into the first week of January to spot digital transformation trends. What we found is that […]
How to Close on a Business Purchase
In the sixth and final chapter of How to Buy a Digital Business, we look at the much-anticipated purchase agreement and business sale closing. You’ll gain an understanding of what to expect in the final step of the business purchase process as well as the seller’s obligations. If you want a more professional looking and complete […]