• How To Craft An Exit Strategy For Your E-Commerce Business

    Too many online business owners leave easy money on the table when they sell their website. Why? They lack an exit strategy.

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  • Are You Overlooking These 5 Common Business Risks?

    Entrepreneurs are notoriously bad at seeing risk in their own businesses. In my line of work, I regularly provide free business valuations for Internet businesses. It’s common to work with entrepreneurs who are blind to massive risks that could destroy their business.

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  • 7 Entrepreneurs Tell Us 7 People They’re Thankful For

    In the spirit of Thanksgiving, it’s important to remember not just what we’re thankful for, but who we’re thankful for. After all, there would be no Siegfried without a Roy, no Kirk without a Spock, and no Elmo without Ernie.

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  • How an Exit Strategy Helps Build Your Online Business

    Even though most entrepreneurs don’t think seriously about their exit strategy, there is a significant advantage to running your business with an eventual exit in mind.

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  • The Types of Internet-Based Businesses That Always Sell

    Before the Internet, if you wanted to start a business you put on your best suit, your best smile and made an appointment with the bank manager. This immediately put you in serious debt, which isn’t the best place to start a company. But now in the age of e-commerce, a brick and mortar presence is not required, and the cost of starting a business has fallen. Startup costs could be as low as $10,000, an amount that can be reclaimed after a few months’ profit.

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  • Digitally sold: the logistics of transferring your online business

    Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of “de Finibus Bonorum et Malorum” (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, “Lorem ipsum dolor sit amet..”, comes from a line in section 1.10.32.

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  • I made these 4 mistakes buying websites so you don’t have to

    It’s easy to look back at other people’s investments and say, “Why did they ever think that was a good idea?” Sometimes, though, you don’t know just how bad an investment is until it’s too late.

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  • Avoid These 8 Common Mistakes When Buying a Website

    For every expert buyer who nimbly works the process and acquires a website, there are a handful of buyers who are obviously learning the process for the first time. I asked my team to identify common mistakes they see buyers making when buying a website. Here’s what they came up with.

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  • 3 Questions You Should Ask Before You Sell Your Business

    Building up a business is a valuable life experience, and selling it is just as exciting. Obviously there is the financial gain, but you can also point to it and say “I made that.” But before you put up the virtual “for sale” sign, stop and ask yourself three questions: “What’s next?”, “How much will I pay in taxes?”, and “Can I add significant value by waiting?”

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  • 3 Questions You Should Ask Before You Sell Your Business

    Building up a business is a valuable life experience, and selling it is just as exciting. Obviously there is the financial gain, but you can also point to it and say “I made that.” But before you put up the virtual “for sale” sign, stop and ask yourself three questions: “What’s next?”, “How much will I pay in taxes?”, and “Can I add significant value by waiting?”

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