3 Tips to Sell Your Online Business
Wondering how to sell your online business. Here are three useful tips.
1. Collect Analytics of Online Traffic
Buyers want to view online traffic and see where it is coming from. They want to analyze for diversified online traffic and see that the website hits are real and not SPAM traffic. The data you send will also provide an opportunity for them to see where there is room for growth. Having a tracking tool such as Google Analytics or Clicky will be a step in order to produce a successful sale.
2. Understand cash flow multiples.
Be aware of the correct cash flow multiple for your business. The average online business trades at a multiple between 1.5 to 3.5x. Larger revenue companies trade at a higher multiple than smaller businesses.
3. Show Diversified Income Streams
A buyer will want to see a breakdown of product, brand, merchandising revenue, and the quantity sold. These reports will help a buyer to examine the business. A buyer wants to see improving growth along with diversified income streams