Find businesses to buy
Sell a 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 expand 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. Paidcontent was founded by Rafat Ali, in 2002, and was basically an online resource for; information, analysis and news. Rafat Ali the founder of the website, was a journalist and so the website itself was a natural progression for him. In the end the website was eventually brought out by Guardian Media Group $30 Million (2008) Ali Rafat however is still part of the website, and is currently working for the company as an editor. Tatter and Company or TNC as it is also known, was founded by Chang-Won Kim and Chester Roh, they formed the company in 2002. Tatter and Company itself was and still is a blogging platform for the Korean nation. I’m sure it is not a major surprise that the company was purchased by Google for the sum of $30 Million, in 2008.
Tips for buying a business: Thinking a broker will do all the work in promoting your sale can be deadly. You are the best promoter for your business. Who knows your business better than you? No one is more motivated, passionate and knowledgeable about your business than you. A broker may be getting you some activity, but it’s important that you continue to promote yourself as well. After becoming frustrated that leads were not developing, I realized that I had to be a promoter of my own business sale. But, the trick was to promote a sale without getting it out in my community, my customer base and my employees. How was I going to do that? Where do I find people that would be interested in purchasing my type of business? See more info on Find businesses to buy.
Looking for more of a side-hustle rather than a full-time business to take over? Start with SideProjectors. It’s the marketplace to go to if you’re looking for something to do on the side of your 9-5 job and there are usually online businesses or projects for sale here at more accessible price points. SideProjectors is also a great place for sellers to go to list those projects that they put a little bit of time and effort into but didn’t totally build out into a fully-fledged business so they can get a little bit of a return on their investment. Never leave a side project abandoned again, just use SideProjectors to transfer the assets and operations to someone willing to pick up the task. SideProjectors does not handle any part of the sales process, they just help connect buyers and sellers, so it’s important to thoroughly conduct your own due diligence if you choose to buy or sell on their platform. This also means that they don’t offer an escrow service so it’s up to buyers and sellers to work out their own payment strategy.
On the other hand, if you are interested in selling your website, or want to learn how Empire Flippers can automatically evaluate your website, check their website valuation tool and see what numbers come out. Bonus tip. If you are a SAAS business and want a second opinion there’s this calculator that can help you get a better perspective. In both cases, have in mind that calculators are prone to errors. I’ve reached out to Empire Flippers and asked them why website owners should turn to them with so many available options. Here’s what they had to say: “Empire Flippers is a pretty disruptive marketplace. We take the best of being a broker and a marketplace and get rid of the negative. Instead of having one guy that walks you through the sales process, we have a dedicated highly skilled team for each step of the way, from marketing and sales to migrating the actual business over to the new owner.
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.