Find businesses to buy? There are several platforms where you can sell your business or buy a working 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 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. GardenRant was formed in 1996 by gardening enthusiast Susan Harris, mainly as a way to share her thoughts, tips and advice as well as sharing event details and special promotions. Though you may think that there wouldn’t be much value in a gardening blog it actually did amazingly well and was eventually bought out by the company GardenWeb for a rough figure of around $1.3 Million, not bad for a blog talked mostly about flowers. Never underestimate the power of any niche community, big or small! Politicshome was founded just two years ago in 2008 by Stephan Shakespeare, who is also the founder and CEO of YouGov, which is basically an Internet-based market research company. After just one year of the blog being online, Stephan managed to sell the business in a very successful deal with Conservative politician Michael Ashcroft. The deal was worth an approximate $1.3 million.
Advices for buying a business: Waiting too long, or not planning in advance, can cause many business owners to miss their window of opportunity. It takes an average of two to four years to sell a small business. Therefore, long-term planning is key to any successful business sale. By keeping updated records, a detailed business history and sales portfolio on hand at all times, it will make your planning pay off. You just never know when that perfect buyer may walk into your business and make you an offer you just can’t refuse. Succession planning is a major misstep by retailers. Even if you do not have a successor who is a relative, you are still thinking like a succession planner. The person “succeeding” you needs to be set up for success. If they see you have been planning and considering this for quite some time and that it’s not a quick “I’ve had enough” sale, your price will be much higher. Add to that the confidence the buyer will have in a retail store purchase if they see there was a strategy for the sale and that it’s not driven out of desperation. Read extra info at Buy an existing business.
Digital Exits is the brokerage to turn to position your company for a high-value sale. Specializing in assisting with the sale of large tech companies, they know their stuff when it comes to maximizing the value of a business and getting the best possible price for it. They work to find the best buyers for sellers and they do so by working with a curated selection of buyers in their network who are ready and willing to invest. Digital Exits helps sellers through the process of putting their online business on the market by putting a marketing plan into place, preparing an executive summary, managing deal-flow and getting multiple buyers interested in the business that’s for sale. Learn more about how to sell your business with Digital Exits on their website, check out the listings that are up for sale right now, view a selection of deals that they’ve closed and so much more.
They have “only” 72 listings, but these are all pre-vetted established and profitable online businesses! A website I’ve seen listed in October 2018 sells for $13.500 (lowest), all the way up to $18 million USD. In order to see the details of the listings, you need to sign up on their website. The sign up is free, but you have to sign an NDA. As soon as I signed up a broker reached out to me (same day), so compared to other services I got more of a “concierge” kind of feeling and approach. I explained my position (I bought a few smaller sites, but the reason for my sign up was this review). What happened next was more of a surprise than the broker reaching out to me. Rick Latona himself emailed me, and wanted to make sure his service is reviewed in the right way. Well, if they handle their clients the same way they handled this “out of the blue email”, they are doing a great job! You can read on old 2009, but an in-depth interview with one of the co-founders Rick Latona, here. As you can see, Latona’s broker business is not his first rodeo. Here’s Rick’s take on what differentiates them from other brokers and marketplaces for buying and selling websites.
Amazon is the most recognized name in online merchandise sales. It’s the premier marketplace for ecommerce merchants and individuals looking to display an imposing online presence. Amazon provides web-based tools to upload product inventory through the creation of an “Amazon Webstore”. The marketing value of the Amazon “name” is something that every ecommerce vendor needs to consider when searching out the best marketplace to sell their products. Businesses looking to sell on Amazon will need to sign up and register their business name, contact information, credit card and phone number. Here’s everything you need to know to sell on Amazon including costs, FBA facts and advertising. One of the things about Amazon and other marketplaces is that integration, product matching, and product updating can be extremely difficult. As a rule of thumb, marketplaces can be difficult to integrate with, so you’ll want to do these one at a time.
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. 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. Source: https://www.bizforsell.com.