Sellers often try to sell their business on potential, which turns the buyer off from buying it. Buyers don't understand deal-structuring and not asking for seller financing is a big mistake. Sellers should focus on mistakes they made in the business rather than what's wrong with them.
Investing in online businesses is a relatively new asset class for most investors. But can be a great place to invest some of your portfolio. If you ever wondered how do you invest in websites this episode is for you. Gregory Elfrink from Empire Flippers walks us through the process of buying an online business and gives us the ins and outs of this asset class.
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