Buy a business


Posted On Aug 20 2019

Online marketplace for selling and buying business? There are several websites 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 expand to a new level with another owner 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. 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.

Advices for buying a business: Taking the first offer may not be a wise choice. This may not necessarily be your BEST offer. Selling your business for top dollar with little or no money down along with an extended contract may lead you to lose it all. Business sales often go bad after the new owner takes over. The new owner may lack business experience, have a closed mind or be a poor leader. The list goes on and on. A successful business owner makes it looks easy, but change that mix and disaster may strike. When this happens, the new owner ends up going out of business and leaves the previous owner holding an empty bag. It saddens me to see a business fail after years of success due to this lack of business sale judgement. Evaluate your options and make the best selection for the long term. Ask yourself, is this the best person to buy and run my business? Or, can they quickly connect with my customer base and learn how to market effectively? When the business sale goes as planned, it creates a tremendous opportunity for both business owners and the success continues. Read extra details on Sell your business.

Flippa was the first-ever marketplace used for selling websites, and they’re still one of the best. With over 600,000 users, there are plenty of interested buyers to sell to and with the 5,000 online businesses and domains listed for sale every day, there’s lots of choice. Not only can you just buy and sell online businesses on Flippa, but there are other digital assets to choose from like websites, domains and apps. If, however, you’re just looking for online businesses to buy, check out their dedicated categories to Shopify and Amazon FBA stores to narrow down business listings from these particular platforms. Flippa also offers its own escrow service for secure payment processing, and they offer a free valuation service for sellers so they can discover what their business is worth. Flippa works hard to offer a seamless and high-quality service for both buyers and sellers on their site so if you’re looking for a lot of choice and a busy marketplace, Flippa is a great option.

Website Properties – If you read Website Properties homepage, you get the feeling they are focused more on sellers. Confirming this with a long list (17,000 during January 2019) of strong buyers and a small dealflow (only 21 websites (January 2019)), so I haven’t included them in the top marketplaces with Flippa, Empire Flippers, and others. Supposedly they have been in business for 15 years, but the web archive only shows data since 2007 (which is still a very respectable track record!). Their website may occasionally feel a little bit dated, but with a nice design and a few dedicated illustrations to highlight the websites they have for sale. Their blog is updated with solid advice to website investors! Deals are ranging from $25,000 all the way up to $10 million. (Wow, Canabis.net is currently being sold).

Craigslist is a no-frills, essentially text-based marketplace for virtually any and all products sold. The site is categorized by Country, State, Territory, with listings from the United States to Africa. Clicking on a specific State or Territory allows merchants to post products to sell based within the “For Sale” and “Services” sections. Once registered merchants can create a Craigslist post and upload an image and description; the post “masks” the contact email so that the seller remains anonymous to individuals looking to purchase items or services. Craigslist has the look and feel of old-school online forums; there are no product amount limits, no buyer or seller programs, and few restrictions. A good place to sell products but not the best place to drive your business marketing strategy. You might be surprised by the sales volume you get off Craigslist.

We offer very convenient options for sellers, buyers, and brokers of businesses. Business buyers can easily browse businesses locally and find the best possible deal . With a fast-growing audience of sellers, buyers, and brokers, you can be sure of finding something suitable for you on this marketplace if you search! We provide solutions to sellers, buyers and brokers worldwide. 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.

Last Updated on: September 13th, 2019 at 11:40 am, by


Written by Gica Hagi