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Have approximately 100k to invest in an online business

I'm seeking to purchase an online business open to all industries...however, Im very skeptical of online business...it seems to me like the majority of online business for sale are very shady...example: from shady business brokers advertising... work only 2 to 3 hours a week...net six figures...come on who are you trying to kid...if it was that easy... why would they be selling...am i right or are there legitimate online business out there...another point is online commerce just a passing fad...that will eventually die...

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Answers (14)
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Hi Jim, I'll toss in my 2 cents since I've been selling online for 11 years.

The more unique the product/service the better. Still, if you do well online others will discover you and soon every other guy will be sitting in his mom's basement in his underwear trying to copy you.

Shipping is very important. Analyze the shipping numbers like a hawk when doing your DD.

Credit card processing is a bit of a wild card. It's one of those things that the closer you look the scarier it gets. My advice, don't look. You'll sleep better at night.

Try to get a handle on the ecommerce software that powers the site. Is it easy to use when adding, updating, exporting, importing products? The majority of software packages out there paint you into a corner by having to follow their rules. This often restricts your options when listing products. When you get past all that, make sure it is search engine friendly, the most important feature of all.

It pays to read up on Google to try and get a feel for how they rank pages, do advertising, etc.

I'm not selling anything and would be happy to give you a nudge in the right direction: tradingleberry@gmail.com

Oct 6, 2010
Satish Patel
Sunbelt Business Advisors
Middlesex County, MA
Premium Broker

You might find what you are looking for in our database of more than 10k listings. We are a leading brokerage firm in the New England region and can assist you in finding the right business. Search through our listings at http://www.sunbeltne.com/buy-sell-business/business-for-sell/advanced-business-search.aspx or register with us at: http://www.sunbeltne.com/register-buyer.aspx for our business broker to assist you one-to-one.

Mark S., mark@sunbeltne.net

Oct 5, 2010
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I should have included my email: allisonb1@charter.net

Oct 5, 2010
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We have a business for sale that is a online retail website and a brick and morter store in the midwest. We do very well, but we just had a new baby and we own a restaurant and cannot do both any longer. Right now it runs with very little hands on - we have a store manager that does most everything. If this is something you are interested in please send me a message.

Oct 5, 2010
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I have a business directory website for sale. Price is approximate 50K.

if you are interested just get back t me for P/L.

Roy

Oct 4, 2010
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Mr. tibert, You can protect youself by asking to see financials. This should help you determine if the money being stated in income is actually coming into the business. Then when you do your DD, you'll have another chance to see that the numbers match up. If you would like to see a couple examples of some online and offline businesses, please contact me at mgoebel9@gmail.com. You will be required to sign an NDA before any financials or private business information is shared.
Kind Regards
Michelle Goebel

Oct 1, 2010
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I have over 300 domain names in several industries that I would sell for $50,000. Email webdev@wyoming.com

Sep 30, 2010
Buy-a- Company

There is nothing like having YOUR OWN product to sell online. If you are just a reseller of known products, there will always be someone willing to sell it for less. It becomes a race to see who can lose money first. Few manufacturers care about protecting their resellers.

We have listings selling proprietary products online. Everything a smart buyer is seeking.

Sep 22, 2010
Buy-a- Company

Jim:

Here is what I have posted earlier:

http://www.bizbuysell.com/answers/Is-NOW-the-best-time-in-history-to-buy-or-sell-a-company/8337/

Sep 22, 2010
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You can do a lot with 100k investment. I started my e-commerce business right after 9/11, right after I got laid off. I started with 25k. 20k for products and 5k for advertising. My first nine months, I generated 600k in sales and my second year I generated 1.2 million in sales. The high sales volume, thanks to the right products/brand that people were looking for at the time. Manufacturer did a lot of advertising and educating the public. So, when I advertise on Google, people will search for specific product / brand. At the time only 3 companies selling that particular brand.

With increasing competition and discounted price, I spent a lot of money on online advertising to build my customer base, and had to consistently advertise and provide top notch customer service. I was shipping out of my 3 car garage, and ran the business from my home office. Just myself and my husband, with me doing 80% off the work, from processing orders, web maintenance, inventory control, vendor relations, product research, etc. I am a hands on entrepreneur and learned from mistakes along the way.

Bottom line, to be successful in an e-commerce retail business, you must choose the right product(s) to sell. Retailer of many different brands or retailer of your own brand/product or a service business. You must have your niche. You must dfferentiate yourself from competitors. You must reinvest on new products, you must understand loss leaders, bulk buying, MAP pricing, private label, etc.

Remember to allocate $$ for internet advertising, PPC, SEO, Viral, Social Media, Be creative and make your advertising $$ stretch. Stick to your budget. Lots of hard work, but it will pay off.

Once you have a good business model, you can take it up a notch with franchising. Good luck.

Sep 22, 2010
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I understand what you are saying and some are better than others depending on the type of business. in most cases your work load varies based on the advertising response volume.

i have a great business that is online based but traditionally run that you might be interested in. please email me at zecretain@hotmail.com

Sep 22, 2010
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Hi Buy-A-Company,

Thanks for the info...Just curious why do you say especially in this down economy the following:

"As I've stated before, this may best the best time in our lifetimes to buy or sell a company. M&A activity is on fire. Don't let this opportunity pass! "

Sep 22, 2010
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Mr. Tibert,

I'm looking for a silent partner to invest at least $30k in a very unique new internet startup. Skepticism is welcomed as far as due diligence. However, you'll need to have an open mind because the concept is really different. If you're interested email me ASAP for details: derhe07@gmail.com

Thanks for your time.

Sep 21, 2010
Buy-a- Company

Jim:

There certainly are online businesses that are profitable with only a few hours work per week. You just have to verify that what you are told is true. We have a couple of listings where the sellers work only 20 hours per week, and make 6-figure incomes. These are verifiable.

I have seen lots of online companies for sale that were scams, or misrepresented at the least. Go through the ebay listings to see what I mean.

Don't get discouraged. You CAN buy an online company that is everything you are looking for: little overhead, little hassle, not too time-consuming, and still profitable.

But, be prepared to pay for a legitimate company with this structure. As you said, why would anyone sell a company that is earning 6-figures with just 2-3 hours per week for some ridiculously low number. A company like that is worth $500k minimum, if legit. Just do your due diligence, and ask the seller why they are selling. Usually, a change in lifestyle (retirement, illness, divorce, relocation, etc.) is a legitimate reason for a person to sell such a legitimate company.

2 of our listings fall into this category. A serial entrepreneur has created 2 successful online companies. one earns $100k, the other $300k, each with 20 hrs per week of the seller's time. The seller is working full-time now developing a 3rd online company, while planning to move out of state. Thus, this seller will sell either or both of the existing companies, even though they are profitable (and great companies, too!). These are fantastic opportunities for the right buyers.

Also, e-commerce is NOT a passing fad; It is the future! Notice all those boarded up buildings? Most of those will never be filled. Anything that can be sold online more efficiently (that includes just about everything) will be. Those who still cling to the old brick-and-mortar models will forever struggle to grow, and most will fail.

As I've stated before, this may best the best time in our lifetimes to buy or sell a company. M&A activity is on fire. Don't let this opportunity pass!

Sep 20, 2010

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