What it Takes to Sell Your Online Business

Since the internet has grown to encompass every sphere of our lives, it’s no wonder that online businesses are thriving. But, have you ever considered what goes into buying and selling online businesses? Eric Owens, top internet business broker, says that while entrepreneurs may be great at starting businesses, the ongoing operation required often encourages these founders to sell. That’s where internet business brokers come in.

 

In this episode, Eric Owens—master online business broker—gives us an insider peek into how to buy and sell internet businesses in 202120.

 

Having started in the online brokerage industry in 2007, Eric founded AppBusinessBrokers.com to facilitate the buying and selling of online businesses in the modern market. 

 

Teaching us about the importance of time management, Eric walks listeners through the realistic process needed to sell a website, along with seller expectations for a smoother deal closure. Honing in on the significance of good prospecting, Eric drums home the need for entrepreneurs to focus on developing strong, multi-faceted advertising campaigns for enhanced strategic buyer outreach.

 

Speaking from experience, Eric delves into what it takes to sell your online business, the common seller mistakes that entrepreneurs make at crunch time, and operational inefficiencies that give buyers cold feet.

 

Giving his expert advice for future online business brokers, Eric educates listeners on the value of serving a target niche, growing credibility and trust within a specific vertical.

 

In this episode we discuss:

 

• Realistic time frames for buying and selling an online business
• Key factors that affect your online business valuation
• Top selling mistakes that entrepreneurs make when selling their online businesses