Selling an internet business

Creating an internet business - Than put his company up for auction on a general purpose marketplace like ebay and then drive traffic to it himself as kan and shear did, mckenzie chose fe international because they specialized in the narrow category of business that mckenzie hoped to sell—software-as-a-service (saas) businesses, many of which are making in the range of ,000 per month. Outline the goals of the business, lists the firm's assets, describe your compensation plan to reward key team members, explain how you will transfer the customer base and other aspects of the business to the new owner, and detail how involved you would like to be in the future. To sell for a price in the range of “roughly 3x yearly sdc (‘seller discretionary cashflow'— revenue minus costs required to run the business, not things like the owner's salary, distributions, interest expense, etc)” for subscription saas and 2x for non-subscription software businesses, according to mckenzie. With that being said, what really makes your ecommerce business worth more is mitigating the risk of the business failing in the future by having the following characteristics associated with your online store:Predictable key drivers of new sales.

How Do I Start An Online Business - Selling Products 24/7 On The INTERNET

How can i start a online business selling products? ? Hello ...