A business can’t really be sold until the seller has all of their ducks in a row and is able to sell. Having everything done to prepare a business for selling can also make the transition easier and command a much larger price. If a business is built on your personal success, you have to remove yourself from the business and the process.
Daniel Fagella always knew that he was going to sell ScienceOfSkill.com, but it didn’t happen as quickly as he expected. After reaching out to us after just a few years in business, he learned that he would need to hang onto the business for a few more years and work to transition himself out of the business. After growing the business to over $2 million in annual revenue, Daniel worked with Jason Yelowitz to sell his business for seven figure acquisition. His deal closed early in 2017.
One of the misconceptions people have about Quiet Light is that we do more e-commerce than content transactions. Fun fact, our top two transactions...
Since 2013, Shakil Prasla has bought 8 internet based businesses ranging from smaller 5-figure businesses up to 7-figure enterprises. Obviously, acquiring and running 8...
Going back six years, the concept of owning an e-commerce business where you could set up a site, sell a physical product, and never...