When you are ready to sell your Internet business you need to seek the guidance of an experienced Internet business broker; someone that has sold several businesses that are similar to yours. At So-Cal Business Brokers we have the team that you need. We have been selling businesses for over 20 years and we know what needs to be done to bring in the right buyers and sell for maximum profit. In our experience, here are the key records you need to gather when getting ready to sell your Internet business.
Records of revenue
Buyers will certainly not take your word for it when you say your business is profitable. They want to see your earnings for the last 24 to 36 months. Our Internet business brokers can help you prove this by helping you gather all relevant records. We will help you get records that show proof of money earned by your Internet business. This will include records from credit card processors, PayPal, and cash records. Our job is to prove to buyers that your business has long-term, stable income as this is the key to winning them over. The more stable your business revenue is the higher the selling price your will be able to command.
Statements on how much you spent on the business
Buyers want to understand the operating costs of your business. That is why the experienced ones will request for credit card and bank account statements that show how much you have spent on your business. These records help paint a clearer picture of the life of your Internet business.
A successful online business will have lots of traffic. Buyers will want to see records of this. Our Internet business broker will help prepare traffic statistics from various sources including Google Analytics and your hosting provider. This data shows buyers where most of your clients are coming from and how many customers you have.
Records from Google AdWords
Does your business have advertising income? If yes it will be more enticing to buyers. Our job is to help you show the sources of your advertising income. We have learnt that advertising income is very attractive to buyers because it is free profit that requires no work.
Copies of your accounting program records
Accounting is not exempted for Internet businesses. That is why buyers will want to see copies of your accounting program records. This may include records from Quickbooks, Quicken or Freshbooks.
Selling an Internet business is not as straightforward as you may think. That is why you must always rely on the support of our Internet business brokers to help you get the best outcomes. Contact us today to learn more about our services.