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Thread: I´m about to buy an online business - help me

  1. #1
    Join Date
    Mar 2007
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    I´m about to buy an online business - help me

    I´m about to buy an online business and would like to get in touch with a company or somebody that can do an audit or due diligence of the website and the company behind it.

    Do you know where i can find people for this?

  2. #2
    Join Date
    Jun 2006
    Location
    East Hampton, NY
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    1,896
    Hi John,

    I hate to see a post go unanswered even though I cannot help you in this. If it were me I would start Googling and learn as much as you can about the subject. I am sure that after a time you will be directed to the information you seek.

  3. #3
    Join Date
    Jan 2005
    Location
    Idaho USA
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    I can't offer anything either, John. Except to suggest you go here and see if anybody there can help.
    The Old Sarge

  4. #4
    Join Date
    May 2004
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    174
    What kind of online business?

  5. #5
    Join Date
    Feb 2007
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    4
    I don't have any first-hand knowledge of this subject, but I oogled teh phrase "web site appraisal" and found a number of sites, including this one:

    http://www.websitebroker.com/

    Buyer (or in this case, seller) beware...I have no idea if this is legit or not.

    Ada

  6. #6
    Join Date
    Mar 2007
    Posts
    18
    Good for you. You can post up the URL and maybe get some feedback. I did that on a different forum when I bought a nursing uniform business and got some feedback but mostly the obvious.
    The E-Commerce CEO - The e-commerce blog that's not trying to sell you something.

  7. #7
    Join Date
    Oct 2006
    Location
    USA
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    163
    What are you "buying"? Be very careful. Is it a site, name, template, etc. Can you just build a similar business and use the money for marketing and not to buy the site?
    SELL MORE WORK LESS:

    Your Drop Ship Data Solution Provider http://inventorysource.com/landing/

    See also http://www.dropship-community.com/

  8. #8
    Join Date
    May 2004
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    174
    The suspense is killing me...I wonder what he was looking to buy?

  9. #9
    Join Date
    Mar 2007
    Location
    Singapore
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    Do check out www.waybackmachine.org which attempts to document web sites by capturing snapshots over time.

    At least you would have an idea of what the web site was like that you're about to buy.

  10. #10
    Join Date
    Apr 2007
    Posts
    1
    please am intended to get involve in recharge card bussiness please can you be of help in any way

  11. #11
    Join Date
    Apr 2007
    Location
    Southern USA
    Posts
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    I'm new here but own a couple stores, build stores, etc.

    A lot depends on what you are paying for the site but,

    I would verify the ownership of the site: whois.sc search
    Age of site: whois.sc
    Traffic: Screen shots of stats
    Sales and costs: This is the tough one. Get anything and everything you can to confirm the number you are told. Create a sales contract that will give you an out if there was not proper disclosure.
    seomagician | 6 Links at 321 Directory | Business Names

  12. #12
    Join Date
    Jul 2006
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    Farm in KS
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    "What are you "buying"? Be very careful. Is it a site, name, template, etc. Can you just build a similar business and use the money for marketing and not to buy the site?"

    I agree with opensourceforce. Is this business something you can build on your own for less money?
    My Life's Purpose is Others' Success

    May Good Fortune Be With You.
    May Your Guiding Light Be Strong
    http://www.barefoot-in-the-garden.com/PAS.htm

  13. #13
    Join Date
    Mar 2007
    Posts
    58
    Please let us know what kind of business are you trying to buy. I also suggest that you check out sites that can give you some important contact info re this business like Whois. From there you can see whether this business has been running live all this time or is it just a fly by night one. You can also do a quick search on your own.

    I was thinking that if that particular business is for sale, I'm sure the owner has kept a track record of it. Why don't you check that out and see if it's worth your time and money.

    Why are you interested in buying it anyway? Is it really earning much? Is it that popular in the WWW?

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