The decision to sell Internet business is not one that should be made lightly. This is why the first thing you will have to do is discuss your options with an experienced business broker. Our team at So-Cal Business Brokers is always eager to listen to you and offer the assistance you need to sell fast and close at the best price. The best thing is that we offer a free consultation which enables you to get all your questions answered. Away from that, let’s discuss our top tips on how to sell an internet business successfully.
Structure your deal early
When it is time to sell internet business you don’t want just any buyer but the best buyer. Achieving this requires that you structure the deal early. That way you will remain focused even when you start getting multiple offers. Crucial questions you need to answer include:
- Would you take a lower price for a buyer that fits the business’ culture?
- Would you take an offer that is hundreds of thousands lower if it meant the difference between years of seller financing and cash at closing?
Our job at So-Cal Business Brokers is to help you understand all your viable options. We will also ensure that the deal has been evaluated and considered carefully and that it includes several options. This is something we do before getting to the negotiating table.
Set your priorities
The important point to remember as you sell internet business is that you are positioning and negotiating from the very first day. This is why you need to set your priorities straight early enough. The wrong priorities may give the buyer the wrong impressions. Needless to say, the wrong impressions have dire consequences. Our job as your business broker is to help you understand that there are no wrong answers. Your priorities are what you feel is important to you.
When a prospective buyer asks how long you are ready to stick around after the sale you should not say as long as needed. The last thing you want is for a buyer to request that you stick around for two years. If you said you can stick around for as long as needed then you change your statement later on, you might blow up the deal. At So-Cal Business Brokers we recommend a shorter period of 3 to 6 months. Thereafter you can offer consulting services when needed.
You will not always get everything you want as you sell internet business. Our job is to make sure you get most of the things you want. Contact us today and let our team help you sell fast and for the best price. We offer a free consultation.