by theEmother | Feb 28, 2014 | build a Mother of a Business, business ideas & thinking, buy | sell websites, BUY a Business, Buy a Mother of a Business, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, how to sell a business, Online Strategy incl. www, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, start with the end in mind, TEMpting, the business model
How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…
As the one particular sale has got to a major decision time, we’re now playing the waiting game! That said, there’s been plenty to keep me busy with a growing number of Business Owners exploring the sale option.
Again this week, I’ve had discussions about what constitutes an Online Business. Just because a Business Owner calls it so (and there’s many that do!) doesn’t mean others agree.
What’s your definition of an Online Business?
And while you’re at it, what about an Online Strategy?
You’ve only got to read my blog posts over the last weeks to understand what I mean when talking about both…
GOT A WEBSITE FOR SALE?
If you want to do sell a website or you’re looking to buy a website (excellent bolt-on possibilities), please email me at dhall@businessbrokers.com.au
If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…
FOR SALE…
BS30 Online Venue Business
Completed Sellability Score
One meeting booked for March and details requested from another. The main focus is on the custom-built technology platform this business runs on.
BS49 Home Help…
One party is very interested. The potential has been well and truly revealed so it’s down to price and the level of comfort required to “pull the trigger”, as they say in the classics! Final questions being flagged now, prior to an offer being made (hopefully!).
BS53 Balloons! and all that goes with them…
Such corporate appeal, so untapped. It’s waiting for the savvy operator that can see past the retail component and tap into it’s possibility as a warehouse servicing the larger players. Completed the database trawl, with a number of calls being made. 4 put their hand up to receive the CA with one requesting the IM. Good work.
BS57 Online Business
Signed good to go. It’s making money! Have received signed authority’s and in the process of developing the IM now. Stay tuned.
Others I’m talking too.. are you interested in?
- a particular event
- project management of large Melbourne events
- specialty educational toys
- “experiential” advertising and events provider
- niche in building trade (via Sellability Score)
- sales and services
- merchandise
- magazine
If yes, let me know as these revealed themselves this week…
Exploring the Sale Option?
GET YOUR SCORE…
Onwards and Upwards!
by theEmother | Feb 21, 2014 | build a Mother of a Business, business ideas & thinking, BUY a Business, Buy a Mother of a Business, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, how to sell a business, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, start with the end in mind, TEMpting, the business model
How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…
Continuing to spend much of this week working on one particular sale and exploring the sale option with a number of Business Owners keen to chat.
The discussion about what constitutes an Online Business is one I am continually having at the moment . Just because a Business Owner calls it so doesn’t mean others agree. What’s happened with the few I’ve spoken to this week, the business definitely has an online frontend but the backend is still being fulfilled manually, either by the owner or a contractor.
So, is that an Online Business or not?
Really?
GOT A WEBSITE FOR SALE?
My conversation with the 2 website owners continued this week, exploring the sale option. Good sites too. If you want to do same or you’re looking to buy a website (excellent bolt-on possibilities), please email me at dhall@businessbrokers.com.au
And you…what does 2014 bring?
If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…
FOR SALE…
BS30 Online Venue Business
Completed Sellability Score
One meeting booked for March. The main focus is on the custom-built technology platform this business runs on.
BS43 Tourism
SOLD!
BS49 Home Help…
One party is very interested. The potential has been well and truly revealed so it’s down to price and the level of comfort required to “pull the trigger”, as they say in the classics! Final questions being flagged now, prior to an offer being made (hopefully!).
BS53 Balloons! and all that goes with them…
Such corporate appeal, so untapped. It’s waiting for the savvy operator that can see past the retail component and tap into it’s possibility as a warehouse servicing the larger players. Completed the database trawl, with a number of calls being made. 4 put their hand up to receive the CA so that’s a positive start..
BS57 Online Business
Signed good to go. It’s making money! Have received signed authority’s and in the process of developing the IM now. Stay tuned.
Others I’m talking too.. are you interested in?
- a particular event
- project management of large Melbourne events
- corporate cleaning offering
- specialty educational toys
- “experiential” advertising and events provider
- niche in building trade (via Sellability Score)
If yes, let me know as these revealed themselves this week…
Exploring the Sale Option?
GET YOUR SCORE…
Onwards and Upwards!
by theEmother | Feb 20, 2014 | build a Mother of a Business, business ideas & thinking, buy | sell websites, Buy a Mother of a Business, entrepreneurial mothers, EXIT execution, exit strategy, how to sell a business, Sell Your Business, SELL your Mother of a Business, the business model
Email me!
This week I was introduced to two entrepreneurial mothers who have built neat little websites, with a form of eCommerce platform. In both cases, life circumstances have altered therefore informing them to do something other than their respective businesses.
Both made similar comments – “I was just going to shut it down if I couldn’t work out what to do with it. I had not even thought of selling until ____ (can’t reveal my sources!) mentioned it and now I’m really pleased to explore this as an option”
Excellent! so am I.
Too much time, effort and money have been invested in setting these businesses up. Yes, they are micro but they are still a representation of one business owners work and need to therefore be treated with the respect deserved.
In both cases, we have had preliminary discussions about what I’m looking for, to be able to analyse the best way forward. That includes relevance in niche, traffic stats, revenue generating options and success etc. (Not dissimilar to any business really, only with online, there is specific information required as well).
Once I do my analysis work, I will come back to each of them with a proposal and we’ll go from there.
Stay tuned!
And if you have an online business you’re no longer loving, please get in touch by emailing me at info@theentrepreneurialmother.com
by theEmother | Feb 14, 2014 | build a Mother of a Business, BUY a Business, Buy a Mother of a Business, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, how to sell a business, Online Strategy incl. www, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, start with the end in mind, TEMpting, the business model
How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…
Spent much of this week working on one particular sale and continuing to explore the sale option with a number of Business Owners keen to chat.
Speaking of chatting, I caught up with a colleague of mine from the consulting game yesterday and he was saying that a number of consultants he knows are not particularly happy with the consulting path they’ve chosen, mainly because the DIY component is just too much.
But, given most of them are way too young to stop doing something and their job prospects are not looking promising, what else are they to do? BUY A BUSINESS of course!
There is a growing sense that now is the time to buy a business, especially if looking for a capped price. The reason being is that as more quality businesses come on to the market (as they are predicted to do), the prices will rise. So if you want to talk to me about your long held wish of being a business owner, seems like now would be the time to do so…
GOT A WEBSITE FOR SALE?
I was introduced to 2 website owners this week, who are now exploring the sale option. Good sites too. If you want to do same or you’re looking to buy a website (excellent bolt-on possibilities), please email me at dhall@businessbrokers.com.au
And you…what does 2014 bring?
If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…
FOR SALE…
BS30 Online Venue Business
Completed Sellability Score
2 new inquiries have come through and waiting to hear back from them
BS43 Tourism
Deposit locked and loaded. Settlement now set for February 17. Mainly due to last minute Legal consultation queries! When it’s a good thing, it pays to act quickly.
BS49 Home Help…
One party is very interested. The potential has been well and truly revealed so it’s down to price and the level of comfort required to “pull the trigger” as they say in the classics!
BS53 Balloons! and all that goes with them…
Such corporate appeal, so untapped. It’s waiting for the savvy operator that can see past the retail component and tap into it’s possibility as a warehouse servicing the larger players. And it probably needs to be a local. Shall do a database trawl and see what that reveals too.
BS57 Online Business
Signed good to go. It’s making money! Have received signed authority’s and in the process of developing the IM now. Stay tuned.
Others I’m talking too.. are you interested in?
- a particular event
- event management
- corporate cleaning offering
- specialty educational toys
- “experiential” advertising and events provider
- niche in building trade (viz Sellability Score)
If yes, let me know as these revealed themselves this week…
Exploring the Sale Option?
GET YOUR SCORE…
Onwards and Upwards!
by theEmother | Feb 13, 2014 | build a Mother of a Business, business ideas & thinking, buy | sell websites, BUY a Business, Buy a Mother of a Business, entrepreneur trends (past & present!), Finish Unfinished Business, Online Strategy incl. www, so you think you're in business, start with the end in mind, the business model
Back not so long ago, there were the boom-and-bust years of the WWW when companies paid big bucks for what appeared to be unprofitable online businesses/websites. A sort of gold fever gripped investors: some became almost instant millionaires and others, well many others went the other way, in a big way!
Since the bubble burst, however, the online market has established at a more measured and sustainable pace. Trends show that there are sites that continue to increase in value across the board and the trend remains upward.
This environment presents ample opportunity for successful speculation. Just like the physical property market, the online property market is rightly being regarded by many as a great place to make not just a quick profit, but—potentially—a living.
As with a property, you can buy a web site and have it increase in value over time without having to do anything but maintain it (although the value of physical property depends on the scarcity of real estate, which is unlikely ever to be a problem online!). [“Flipping Websites for Profit“]
As with any business purchase, there are steps to this process:
1. Locating an online business you want to buy
2. Negotiating and completing the sale
3. Adding value to the business
4. Making the decision what to do next – do I keep it? or do i sell it?
5. If part of an existing business’ online strategy, is it doing its job? has it lived up to expectations? is it time to buy another one perhaps?
Lets look at Step 1.
How do you find an online business to buy?
Do you know of one being sold, that you’re interested in?
How do you know what you’re looking at, really? How do you analyse it?
I’ll into more detail about these points next week…
