Sell Internet Business – How to Get Ready to Sell an internet Business

When it is time to sell internet business, the number one thing you have to do is hire an experienced business broker to help with the process. At So-Cal Business Brokers we believe we have the best team in the business. We have been selling businesses for more than 20 years and we know how to achieve the results you are looking for. In addition to that, we will ensure that you sell to the right buyer, for the best price and close fast. When selling an internet business, here are the key things we recommend you do.

Get documentation ready

Buyers will request a variety of documents from you to determine if your business is worth buying. Our business brokers will enlighten you on the documents that will be needed and also help you gather and clean them. Some of the documents you may be required to present to buyers as you sell internet business include:

  • Tax returns for the last 3 years
  • Financial statements for the last three years
  • Full documentation of the monies that flow to shareholders
  • Aging accounts payable
  • Aging account receivable
  • You top 10 customers
  • List of industries you serve
  • Capital expenditures for the last 5 years

The documents needed will vary depending on the type of your online business. Give us a call and let our business brokers guide you through this process.

Train staffs to perform the tasks you do

Another important thing you have to do is take yourself from daily operations. If the business is over dependent on you it will not be attractive to potential buyers. Buyers need a business that can run successfully in your absence.

Document systems and procedures

Documenting your business’ systems and procedures makes it easier for a new owner to take over. Our business brokers are happy to help with this part as you get ready to sell internet business. We will ensure you have an updated operating manual before we get your business listed. Doing so makes your business more attractive to buyers.

Clean up your business

Last but not least you have to clean your business up. The idea here is to make it as attractive as possible. First impressions matter and some of the things you can do to improve first impressions include:

  • Cleaning up your inventory
  • Cleaning up your books
  • Becoming current on your taxes

Our team at So-Cal Business Brokers has sold many businesses that are similar to yours. We will help you do everything the right way so that you close fast and for the right price. Call us today to schedule a free consultation.

Sell Internet Business