All posts tagged buy website

Coffee Chat Interview… 4 Things You Must Know When Buying an OnLine Business

The thing about Online Businesses | Websites these days is that the market has been around long enough whereby there are businesses of quality, with verifiable statistics and easier to follow financials. So the information collected is more capably captured and consistent. I had the pleasure of talking about this with Lorraine Pirihi of Relaunch Your Life and member of the Baby Boomers Business Owners Facebook group. To listen to the full interview, click on the play button

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answer these questions to kickstart your Online Strategy…

The following is a series of questions to help start your thinking around your Online Strategy.  Does the Business currently have an online presence at all? If not, why not? Is there a mapped out Online Strategy in place? If yes, how old is it? How well has it been executed? If not yet and  it had to be executed immediately, does it make sense? Is it addressing what really needs to be addressed? If yes, what’s worked? what hasn’t? What are you still doing that you shouldn’t be? If selling is an option, does it appeal to a Buyer in…

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buy | sell websites; is it like buying any other business?

Back not so long ago, there were the boom-and-bust years of the WWW when companies paid big bucks for what appeared to be unprofitable online businesses/websites. A sort of gold fever gripped investors: some became almost instant millionaires and others, well many others went the other way, in a big way! Since the bubble burst, however, the online market has established at a more measured and sustainable pace. Trends show that there are sites that continue to increase in value across the board and the trend remains upward. This environment presents ample opportunity for successful speculation. Just like the physical property market, the online property market is…

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buy | sell websites – “shopping” has commenced…

This week I’ve been “shopping” for websites. Plenty around but not many I’m all that interested in. Mainly because even though they may look pretty, there’s been no real revenue-generating thought put into them. Yes, in some cases that can offer opportunity for me, agreed. But not at the asking prices! Buying and selling a a website is no different to buying and selling a business. Just because the owner of the site has spent, in some cases, a lot of money to get the site functioning the way it does, it does not automatically mean the site is worth…

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do you have a website for sale?

Whilst each of you are determining your own Online Business Strategy, I’ve been working on mine. That is, I am now in hot pursuit of Online Businesses and websites as a potential purchase for myself and/or my network of potential buyers… Do you have one? Is your Online Business/website: profitable? traffic savvy? niche driven? older than 12 months? ready to be sold? priced to buy? If yes to any of the above, please contact me at sell@theentrepreneurialmother.com advising the above details and the best way to contact you?

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What is an Online Strategy exactly?

Well, it’s like any strategy really. The more pressing question is probably more about whether I, as a Business Owner, actually has any kind of strategy at all! If yes, then adding the Online component will be less tricky. If no, then starting from scratch, with the end in mind, is what needs to happen sooner rather than later. Whilst the following Strategic principles will be Online focused, they apply across the greater business strategy as well… what’s worked and what needs to? who cares and how will they? the Online RollOut Plan what does this all mean to YOU,…

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What has playing in the Online space revealed so far?

That most Business Owners do not understand Online in terms of their business strategy not only misses the opportunity it presents but how it even relates to what they do and how saleable it will make the business when the time comes. I quite often hear Business Owners, when asked about their Online Strategy, say: “I know I should be doing something about the whole thing but I don’t have the time” “I have a website, isn’t that enough?” “What do you mean ‘how well’s it doing for me?’, what can it do exactly?” etc… What I know is that…

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2014 – the year of BUYing and SELLing websites and the Online Strategy…

The next stage of my “service” development is now upon me; concentrating on the BUYing and SELLing of websites from the view point of the website being a profit centre in it’s own right…  This journey all started some time ago when I had the good fortune of meeting Matt and Liz Raad. At the time, I was heavily involved in selling my Mother of a Business, aCE talentNET and I enrolled in their “How to Buy and Sell a Business” program to assist me. aCE talentNET was sold July 2011. It was at this time I morphed into the…

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