Sell a business? There are a few places 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 develop to a new level with another person leading 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. Celebrity Baby blog was created by Danielle Friedland in 2004, and as you can see from the name of the blog, the topic is pretty obvious. Yes that’s right it’s another blog about famous babies. With celebrities a current trend at the time (when are they not, right?) and her website gaining a very steady stream of visitors, She managed to sell the blog to Times Inc in a deal worth $10 Million. Not bad for a blog based on babies, the blog has also changed names since to babyrazzi.com. Tree Hugger was the brainchild of Graham Hill, an environmentalist entrepreneur who knew how to use technology to his advantage. He managed to sell the blog to the Discovery Communication for a neat and tidy sum of $10 Million in 2007. You got to admit there’s probably not that many tree huggers out their worst $10 million!
Advices for selling 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. See more info on Best buy and sell business brokers.
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.
Personally, I am not a huge fan of droppshiping because I think there’s more work involved compared to affiliate marketing. You can call me lazy, but I don’t see a point in doing something I am not passionate about or don’t have the necessary level of experience / contacts, etc. Furthermore, why work on something when you can use a lever. Another word of advice I can give regarding scamming. If you buy a website and then you get several lousy reviews on your product, or Google changes their algorithm and your traffic disappears over night, there’s a chance you weren’t scammed it’s just that the market conditions have changed! You bought a small a business! Someone might tell you this is “passive income”, or that there’s no work involved and other bedtime stories. Make no mistake about it, if it is not growing, it is dying and like everything else. Your website needs your attention.
Zazzle’s been called the “anti-Amazon by some,” but we don’t really see it that way. Zazzle is comparable to Cafe Press in that it’s a marketplace devoted primarily to writers, graphic artists, and really anyone in the business of image or logo creation. This marketplace offers over 350 products to sell online; ecommerce merchants would not be able to list their individual products here–just as Café Press merchants have the ability to create 100% completely customizable online shops with an unlimited amount of products to sell. Zazzle allows merchants to set their own royalty rates from between 10% to 99% and adjusts the final price to include this percentage. The marketplace also offers free promotional tips and strategies. Zazzle’s Affiliate/Associate program pays at least 15% for all referred sales, and will even pay a referral fee for customers you refer to your own site. This marketplace indicates it pays out to merchants by check but that there is an option to have this done via PayPal.
Want to find a great businesses to buy? Find it on bizforsell.com ! 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. 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. Source: https://www.bizforsell.com.