When buying a small business, it’s important to review the financials to ensure that the business is profitable and financially stable. Here are some of the most important financial metrics to consider: 1. Revenue Revenue is the total amount of … Continued
After an exciting and exhausting search process, you’ve finally found a business that checks all your boxes and you’re excited to move forward to the next steps: Signing an LOI and conducting due diligence. Well, now’s the time to do … Continued
As part of our ongoing series of reviewing online brokerages and marketplaces, we chatted with Andrew Gazdecki, CEO of MicroAcquire, and asked him about all about MicroAcquire, including their origin story, the businesses they sell, their vetting process, and more. … Continued
As part of our ongoing series of reviewing online brokerages and marketplaces, we chatted with Greg Elfrink, who serves as the Director of Marketing at Empire Flippers and asked him about all about Empire Flippers, including their origin story, the … Continued
So, after a lot of research and perhaps some soul searching, you’ve decided to buy an online business. The first thing you need is deal flow and you have a few options to go about this: You can either use … Continued
As part of our ongoing series of reviewing online brokerages and marketplaces, we chatted with Mark Daoust, CEO of Quiet Light Brokerage, and asked him about all about Quiet Light, including their origin story, the businesses they sell, their vetting … Continued
So, you’ve decided to purchase an online business (which we’ll interchangeably refer to as a “website”) and perhaps you’ve signed an LOI or even made an offer, contingent on everything checking out during due diligence. Now what? Well, it’s time … Continued
Last year was a crazy one for all of us. The world dealt with a global pandemic and as a result, there was an unprecedented level of…well, almost everything. The stock market saw record highs in volume trading, real estate … Continued
So, you’ve come across a dropshipping business that’s for sale. Or perhaps you’ve stumbled across your 27th video this month of an online guru posing in front of his Lamborghini trying to convince you to purchase his dropshipping course. In … Continued
SaaS (“Software as a Service”) is currently one of the most coveted business models today and in general, SaaS businesses tend to face greater competition amongst buyers and often go for higher multiples, and for good reason. After all, good … Continued