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Monday, July 1, 2013

Selling a Business Online: How to Sell Your Business

Selling a business online has become easier with the development of websites that are solely for this purpose. There are several of these that have a large network of entrepreneurs. Some concentrate on the needs of clients in a particular part of the world, such as the United Kingdom. Others are open to countries across the world.

You will also notice that some sites focus on businesses that sell to customers from a physical storefront. This means that while you can get buyers for your business online, you do not have to be involved in ecommerce to do it. There are other sites that sell businesses that have been built online and are meant to cater to customers who shop exclusively online.

There are several traits you should look for in a website that makes it easy for you to sell a business on the Internet:
  • You should not need to sign an agent’s contract
  • You shouldn’t have to pay a sales commission
  • Any fees that are charged to list or buy businesses should be fixed
  • A large network of buyers
  • Guidance available online from people associated with the site

All images above are via Wikimedia

Having all of these characteristics present increases your chances of success when you list your business with a website. If a site does not satisfy these criteria, it is likely that you will take a longer time to find your ideal buyer.

The Complete Guide to Selling a Business (Available On Amazon)

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