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Category Archives: online business opportunity

How to Buy an Online Business

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E-commerce, if you hadn’t noticed, is exploding. As the globe has become ever more reliant on the internet, and consumers now fully expect to do business online, there has been a predictable surge in established online businesses on the market.
 Technology and market research firm Forrester report that ecommerce in the U.S. will surpass the sales growth of brick-and-mortar stores over the next two years, reaching a total of $370 billion in annual sales by 2017.
Buying any business takes a lot of planning and research, but there are a few nuances that set the purchase of an online business apart from the process of acquiring a bricks and mortar enterprise.
Here are a few tips to help you on your way to buying a web-based business:

Research your chosen marketMagnified illustration with the word Market Research on white background.

You can never spend too much time researching your selected business area, and it’s never too soon to start gathering facts.
Gaining a secure knowledge of your market will involve identifying rival sites, tracking their performance over time and checking reviews. This will help you gain a feel for what common approaches your competitors adopt, what they do well, and where they are often found wanting.
You can search the web for sites that match your criteria and approach the owners with an offer, but this will be a lengthy process, so make the most of online directories like BusinessesforSale.com. There are also website specific marketplaces that enable you to compare sites based on revenue, traffic, age and niche.

 

Pie chart on a stock chart with a budgetThink about your budget

Online businesses usually sell for around what they would make, in revenue, in 1-2 years. So if an internet business brings in $100,000 annually, the asking price will probably be between $100,000 and $200,000.

 

 

Appraise analytics Analytics word cloud

When shopping for an online business, reviewing the analytics should be number one on your list.
 You should make absolutely sure that the full range of performance specs are produced – this is no time for highlights, or second-hand analysis, and nothing but a complete data set will do.
Google Analytics and other common packages will include details of the most-effective search keywords, traffic volumes, and also identify traffic sources. You should also explore backlinks to gain a complete understanding of the status and authority of your chosen site. This should also contribute to a clearer picture of where, and how, site business originates.
And with any business offered for sale, make sure you explore and understand its social-media profile. Plenty of positive feedback can be encouraging, but even negative comment can clarify what needs to be addressed, and possibly signpost ways to grow the business.

old-way-new-wayDon’t overlook the tech 

An internet business demands a subtle blend of marketing and technical skills, and keeping abreast of new innovations is a must. Make sure you know what the key software packages are, and whether they are ‘standard’ or custom variants. You should also be clear whether or not the business demands specific platforms and hardware.
If you lack expertise in these areas, then involve an expert who can give you some idea of what the task of maintaining the technical side will involve, and what the likely costs may be.

 

Avoid risk-prone businesses Hand with chalk is drawing Risk and reward balance scale on the chalkboard.

In some cases, even a well-funded business idea will struggle to succeed, and experience shows that certain types of business are best avoided. These include: delivery of goods where the profit margin is low (e.g. pet foods), wholesale purchasing in order to support large-volume retail sales, or absolutely anything where your main business rival is Amazon, or some similar mass-marketing entity.
Instead, consider goods or products you can distribute digitally, niche markets, or original products you manufacture or own.

 

Under construction design over blue background, vector illustrationPlan for maintenance

All internet businesses require have their own site maintenance routines. Find out how much time the current owner devotes to this and whether you can maintain the site entirely yourself.
If not, you’ll need to factor in the cost of employing someone to manage this side of the business.

 

 

Get your contract right contract

When you’ve settled on your ideal online business and its price, a contract will need to be drawn up to define buyer and seller obligations. This might be a good time to ask the seller to provide consulting services for an agreed time after the sale, to enable a smooth transfer.
Whilst some website marketplaces provide templates for agreements, if your deal is particularly complex, you’d be better off hiring an attorney to draw up the contract at this stage.
You’ll need to write in a ‘non-compete’ agreement from the seller, but be wary; these clauses can be tricky to enforce, particularly abroad. Make sure there are no loop-holes in this part of the deal.
Buying online business can be a little less straightforward than opting for a physical company, but the perks are the same in comparison to ‘starting-up’: instant customers, traffic and cash-flow. To avoid scam operations run by sellers trying to offload a worthless product, use a reputable online marketplace.
This article was contributed by BusinessesForSale.com, the market-leading directory of business opportunities from online media group Dynamis.

Ecommerce March Madness – Great Time to Start an Online Business!

let the madness begin

It’s March Madness time – for ecommerce that is…..Now is a great time for you to start an online business and spring into this exciting industry!

I know a slew of you are probably thinking, “Finally, it’s spring,” after the brutal winter most everyone on the North American Continent has had! We all have visions of daffodils popping out of the frozen ground and buds emerging where leaves on trees will soon appear. There is a count-down of days for the first sign that life is returning to the barren landscape most of us have experienced for the last several months. Can we be any more excited about spring?  Congratulations! You have made it through another winter!!!!
We know in the U.S., college basketball sports fans are undoubtedly thinking “March Madness.” Once again, that time of year is upon us when you’re glued to the television and pulling for your favorite teams as we wind up the basketball season. The excitement of competition and viewing the best our country has to offer in college basketball gets our blood pumping once again! !” It’s CRAZINESS!

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Well, guess what? We at Pure-Ecommerce have a little “Ecommerce March Madness” going on this month too!! We are so excited about the end of winter, spring being on the horizon, Saint Patrick’s Day, college basketball play-offs, and anything else we can celebrate this month that we decided to offer some extraordinary “Ecommerce March Madness” packages with add-ons that will support your success!
Take a look at these outstanding “Ecommerce March Madness” extras you get when you purchase a Ready-to-Go Internet Business in a Box or Custom Website Design Package #3 or #4 during the month of March! (Please forgive all the basketball metaphors—we got a bit carried away!)

Free Mobile Marketing Site

There is no question that ecommerce businesses must be mobile-friendly in order to fully capture customers in today’s market. Since 54% of all smart phone users use their phones to access websites and 38% of them make online purchases from their phones, having a mobile site is a “must have.”
When you purchase either a Ready-to-Go Internet Business in a Box or a Custom Website Design Package #3 or #4 during the month of March, we will design a Mobile Marketing Site to match the website you select FOR FREE! This addition will get you positioned for a lay-up goal in the mobile shopping world! A value of $350!!

Two Years Access to elearning Library

We believe knowledge is power. Our clients tell us that the training materials and information we have developed, which is available in our elearning library, is invaluable in their ability to get started quickly and ramp up their businesses. We want each of you to have the greatest chance of success; we believe our training and consulting program is a big factor in achieving this.
When you purchase either a Ready-to-Go Internet Business in a Box or a Custom Website Design Package #3 or #4 during the month of March, you will receive an EXTRA YEAR of access to our ecommerce 10-step instructional program and all our ecommerce materials! This means you have the material for your reference for the 1st two years of your business!! This could be the equivalent of a 3-pointer goal! A value of $250!

A Credit for 100 Products Loaded

That’s right!  When you purchase either a Ready-to-Go Internet Business in a Box or a Custom Website Design Package #3 or #4 during the month of March, you will get a credit for 100 products to be loaded onto your site by Pure-Ecommerce! This is a great opportunity to expand your product collection as you grow your business so you can offer your customers even more fabulous products. Adding products can be a very time-consuming task that takes your time away from doing other important things like marketing. We are more than happy to assist in making this a slam dunk for you! A value of $150!!

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Spring is a time of re-birth!

If you’re considering becoming the owner of an internet business, you may be thinking of this new venture as your own “re-birth” or “re-invention.” With spring around the corner, it is the perfect time to get started on the exciting new life you’ll have as the owner of an internet business!
And, with our “Ecommerce March Madness” package add-ons, there is no question about it–March, with all of its “madness,” is the month to purchase an internet business!
Visit us at www.Pure-Ecommerce.com to find out more about this limited time special offer to you when you purchase an internet business in March! Let us help you start an online business – see our complete collection of ready to go internet businesses for sale at http://pure-ecommerce.com/internet-businesses-for-sale/. Request a quote today and we will send you our complete information package to get you started….
For more insightful articles to help you start an online business check out – 

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