Online Business Broker: Take The Stress Out Of Selling Your Business

Nov 10
22:00

2004

Jeff Smith

Jeff Smith

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Online Business Broker - Take The Stress
Out of Selling Your Business

You've spent several months,Online Business Broker: Take The Stress Out Of Selling Your Business Articles perhaps years, putting everything
you have into building a thriving, high-demand online business
and now you have decided to sell your baby.

Thousands of businesses change hands everyday, oddly enough
the channels you can use to get maximum price and exposure
for your online business are extremely limited.

You have a few options:

1. Ebay. It's perhaps the biggest venue for listing and finding
new businesses forsale, but you have to be concerned over the
quality of sites listed on eBay. For every quality site listed
there are at least 100 crappy, low-priced, cookie-cutter sites
that can put the wrong impression in the minds of your prospects.

2. Classified pay-per-listing sites. The leading online business
listing site is http://www.buysellwebsites.com run by experienced
professional Nelson Bates. This is a super service for sites
under $50,000 with proven results and proven demand. A great
technique for lower-priced sites, but perhaps not the right option
for the site you want to get maximum exposure and price for.

3. Experienced and Focused Business Broker. You've invested
heavily in your online business. A professional can help you
through the sometimes complex tasks of placing a price on
your business, getting it in front of the "right" buyers,
helping to separate the tire kickers from serious buyers and
take your deal to an optimal close.

Online business brokers can...

1. Get more money for your site
2. Get your site exposed to buyers with money
3. Reduce your stress by only putting you in touch with serious
buyers
4. Handling the paperwork and forms associated with securely
selling your high-value online business
5. Handling the uncomfortable "selling" role for you - you just
decide which deal to accept
6. Let you move on to other things, confident that your online
business is being represented by the best
7. Help you through an emotional process - they will be your rock
through the entire process
8. Give you the benefit of experience closing many deals, something most
sellers do not have
9. Open up new markets and opportunities you may not have even
thought of yet
10 Help you wade through legal, tax and regulatory issues that
can be quite intimidating.

What To Look For In An Online Business Broker

Finding a great business broker can make a massive difference to the
success of selling your online business, getting the value you deserve.

Here are 4 characteristics to watch out for:

1. Experience with selling businesses. This one tops the list. Skillful
business brokers have spent years mastering the art of negotiation and
undersatnding the market. If you are selling an online business, then
it is even more important that you find a specialized online business
broker, someone who understands getting maximum price for internet-based
businesses.

2. Proven Reputation. You want someone who has a rock-solid reputation
with years of experience helping sell businesses. The ideal online business
broker will have sold hundreds of online businesses already and can point
out some specific examples.

3. Great Communicator. Selling your business can be a lengthy and detailed
process, in order to get the most out of your online business broker, they
need to be a great communicator - it's absolutely necessary.

4. Must Ensure Your Confidentiality. You can't afford to have your
customers, partners and competitors know that you are about to sell your
business. Look for a broker that guarantees confidentiality using
appropriate protection forms every step of the way.

5. Specialize. Focus on a business broker that understands your type of
business. Just as you wouldn't go to foot specialist about your stomach
problem, you want to make sure you find a broker that specializes in
online business.

Finally, you can take the stress out of selling your online business by
using an experienced, professional online business broker. Don't leave
the sale of your business to chance, consider consulting your very own
online business broker today.