For discussing how to buy and sell online businesses: valuation, where to list, due diligence, transfers and what happens afterwards.
This section is for discussion. To offer a specific product for sale, Premium members can use the Deal Room. Public sale listings posted here may be moved.
Good threads
- How a sale or purchase went, start to finish
- How you valued a business, or how a buyer valued yours
- What due diligence turned up
- Preparing a product so that it can be sold
- Handing over: code, domains, accounts, customers
- What to do with a product you no longer want to run
When you ask about selling, include:
- What the product is and how old it is
- Revenue and profit, monthly, for the last year
- Where customers come from
- How many hours a week it takes to run
- Why you are selling
Protect yourself
- Do not hand over code, domains or account access before payment is secured.
- Use an escrow service for the transfer.
- Verify claims yourself. Ask for read-only access to payment and analytics accounts.
- For anything substantial, have a lawyer read the agreement.