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Frequently Asked Questions

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  • What Is My Online Business Worth?
  • How much does it cost for a website valuation?
  • How long does it take to sell my site?
  • Who will handle all the inquiry calls on the sale of my business?
  • Who will handle the negotiations on the sale of my business?
  • After I sell my business can I open another one at some point in the future?
  • How are asking prices determined?
  • When is the right time to sell a business?
  • Are there any fees for sellers when working with BizBroker24?
  • What Are The Advantages of Buying an Existing Online Business?
  • How to Buy Established Websites
  • Will you help me transfer a site I have purchased through you?
  • What happens when I find a business I want to buy?
  • What forms of financing are available?
  • How can I ensure a website for sale is legitimate?
  • What does a website broker or intermediary do?
  • How can I verify the financials of the business?
  • What is non-disclosure agreement (NDA)?
  • What is Due Diligence and Why is It Important?
  • Does BizBroker24 provide legal and fiscal assistance in support of online business sales?
  • Can you assure that the transaction will be confidential?
What Is My Online Business Worth?

What Is My Online Business Worth? We have got this question many times before. Placing a value on your Online Business’s worth can be a difficult task with no clear path to an accurate answer.

There are many different way in order to calculate the Online Business Worth. We consider different valuation methods Assets-based, Discounted Cash Flow and Comparables.

Please remember that an online business is worth precisely what someone is able to pay for it and what you would be prepared to sell it for.

How much does it cost for a website valuation?

Nothing with us. We evaluate your online business, help you prepare your business for sale, discuss pricing, preparations, and design a marketing plan and package, market your business, interview prospective buyers, negotiate the sale, and do everything necessary for a smooth sale.

How long does it take to sell my site?

We pride ourselves in finding the right buyer for every online business and website we sell. Our typical sale time is 1-9 weeks with a 95% success rate.

Who will handle all the inquiry calls on the sale of my business?

BizBroker24 Sales Professional is trained to deal with incoming inquires and help determine which of those Buyers might be ready to move to the next level.

Who will handle the negotiations on the sale of my business?

Your BizBroker24 Sales Professional is trained to deal with negotiations on the sale of your internet business. Your BizBroker24 Agent will help navigate you through the entire process; we’ll be with you every step of the way.

After I sell my business can I open another one at some point in the future?

Most of the Buyers will expect that you sign a covenant not to compete within a certain area and/or time period.

How are asking prices determined?

The Business Owner ultimately decides the asking price of the internet business. BizBroker24 will work with sellers to determine what the business will most likely sell for. Using the financial information provided by the Seller, we will re-cast the financials in order to determine what a buyer would be making from the business if the business continues to perform in the same manner as the seller states the business has operated.

When is the right time to sell a business?

This is a very difficult question, the answer might be very personal. When a business’ financial performance is trending up and is expected to continue to do so, that’s a very good time to sell.  In contrast, selling a declining business is often very difficult.A business that isn’t growing is, in essence, slowly dying.

Are there any fees for sellers when working with BizBroker24?

No, we will never charge you an upfront fee, an advance fee, a marketing fee, a commitment fee, a valuation fee or a documentation fee.

We work on a success fee basis, so you can be sure that we will be highly committed to a successful conclusion of your sale.

What Are The Advantages of Buying an Existing Online Business?

Buying an online business is generally considered less risky than starting a new business from scratch.. Consider these advantages:

  • The difficult start-up work has already been done.
  • Buying an established online business means immediate cash flow.
  • The business will have a financial history, which gives you an idea of what to expect and can make it easier to attract investors.
  • A market for your product or service is already established.
  • Existing employees and managers will have experience they can share.
How to Buy Established Websites

Buying an established website can be easier than setting up a new online business from scratch.

If you want to Buy Established Websites, you can visit our established website for sale marketplace.

Will you help me transfer a site I have purchased through you?

If you buy a site from one of our listings we will help you with all domain, files, database, and hosting moves.

What happens when I find a business I want to buy?

When you find a business, the business broker will be able to answer many of your questions immediately or will research them for you.

What forms of financing are available?
There are several other financing options available to buyers:
  • Equity Financing – money invested into the business in exchange for a share in its ownership.
  • Debt Financing – usually in the form of a loan where the principal amount borrowed and interest accumulated on the loan needs to be paid.

There are a number of sources of equity finance available to business:

  • Personal Savings
  • Friends and Relatives
  • Angel Investors: wealthy individuals who lend their personal finances to a business in return for a share in its ownership.
  • Venture Capital: applications to professionally managed third parties such as a superannuation fund who lend finance based on a good business plan.
How can I ensure a website for sale is legitimate?

We encourage all buyers to do their own diligence when purchasing a website. BizBroker24 is a marketplace, but we do not, and cannot, thoroughly investigate every website that is listed. As with any marketplace, it is your responsibility to protect yourself throughout your transaction.

What does a website broker or intermediary do?

Business brokerage is a specialized niche in which business brokers or intermediaries educate buyers and sellers about the sales process.

How can I verify the financials of the business?
Verifying financial statements on an Internet business is often easier to do than with a traditional brick and mortar store. Because Internet businesses tend to be much simpler to run with fewer moving parts, there is less to verify.
As a general rule, BizBroker24 e clients will be able to verify their financial statements with 3rd party documents. This is usually bank statements and merchant account statements.  Tax returns can also be used, however, most tax returns for small businesses are not reliable methods for verifying financial statements.  This is primarily due to owners either reducing their income for tax purposes or running multiple money generating websites through one tax entity.
What is non-disclosure agreement (NDA)?

A confidentiality agreement, also called a nondisclosure agreement or NDA, takes the notion of keeping a secret even further. A legal contract between two or more parties that signifies a confidential relationship exists between the parties involved. The confidential relationship often will refer to information that is to be shared between the parties but should not be made available to the general public.

We can market your online business without your freelancers, partners employees, customers or competitors knowing that the business is for sale. We can discuss the fundamentals of your business and the proposed sale without releasing your business name.

What is Due Diligence and Why is It Important?

The term “due diligence” first came into common use as a result of the United States’ Securities Act of 1933. Due diligence is used to investigate and evaluate a business opportunity. Due diligence is a way of preventing unnecessary harm to either party involved in a transaction.

Does BizBroker24 provide legal and fiscal assistance in support of online business sales?

We are not lawyers or a law firm and we do not provide fiscal or legal advice. We recommend you consult a lawyer if you want legal advice.

Can you assure that the transaction will be confidential?

Yes, definitely. We are manic about confidentiality, privacy and discretion because we have sold our own businesses.



IMPORTANT NOTE

Need Support?

For most business owners, selling a business is a one-time event which is often the largest transaction in which they will ever participate. We want to educate business owners so they are a knowledgeable consumers.

Selling a Business?
We successfully sells businesses quickly, confidentially and for the right price.

Buying a Business?
The BizBroker24 service is free to buyers , our service is clear, simple and fair, no matter how complex the deal.

Get a Free Valuation
We would be pleased to carry out a free market valuation of your business.