"The most widely used strategy guide and reference resource for buying an online business."
"There Are 42 Key Questions You Must Ask Every Seller, 80 Crucial Points To Review in Due Diligence and Over 50 Critical Clauses To Be Negotiated When Buying An Internet Business!"
Are You Ready?
The Good News: Buying an Internet business can prove to be a perfect way to get into a business with tremendous upside potential. A "pure" online company can truly provide you with a high-margin operation that is void of many of the problems that traditional brick-and-mortar businesses face: excess accounts receivables, your profits always tied up in the inventory, problematic employees, the inability to relocate the company, and above all, the lack of freedom to run the business when you want and from any location in the world. When done right, an internet-based business is a phenomenal model.
The Bad News: Buying an online business is entirely different from acquiring any other type of company. Many have a short history, which makes the evaluation and financing process difficult. Asking prices can be out of sight. Lastly, there are tons of Internet businesses listed for sale, and far too many of them are scam operations run by sellers looking to make a quick buck by selling you a worthless entity.
A Scam That Website Sellers Use: I recently looked at a publishing website for sale that was advertised online. The company sells a variety of guides that teaches yoga to beginners. The site was beautiful and easy to navigate. The owner sent me some financial statements showing me how much profit he was allegedly making, and the number of monthly visitors. After doing some research which you will learn in our course, I found two other websites for sale by the same owner under a different website address and layout but selling the same products. I contacted him under a different name and he sent me the EXACT same financials and website reports with a different company name on them. What this crook was doing was to take one website, package it with three different looks, and then sell it as three completely different businesses. What a scam! When I confronted him, he said he'll call me back in two minutes - that was four months ago.
The lesson is simple: you must do your research. There is a lot to review and uncover. You need to be careful. Your success is entirely dependent upon having the right information to be sure you make the right decision.
"Everything You Need To Know Before You Buy An Online Business."
How To Buy A Good ONLINE Business At A Great Price© is "the most comprehensive strategy guide and reference resource for buying an online business."
The program is written by renowned expert Richard Parker. He has personally purchased thirteen businesses and is also the founder of one of the Internet's most successful online ventures - Diomo Corporation - which operates nine highly profitable websites.
You will not only benefit from Richard's expertise at buying businesses, you'll get a true insider's view of what it takes to own, operate and grow a successful online business.
This is not a simple, generic introductory book on the subject. It combines critical knowledge and proven techniques for each stage of the process and every situation you'll encounter, along with expert ongoing consulting.
If you're serious about buying an Internet business, and especially if you've never bought one before, you've arrived at this Website because you want to have the right information and access to unbiased, expert advice to make the right decision.
How To Buy A Good ONLINE Business At A Great Price© is based upon countless Internet business investigations and successful transactions.
The material contains over 600 pages of simple-to- follow strategies, legal agreements, interactive resources, sample letters, case studies, financial spreadsheets, worksheets, and useful resources.
The program is divided into two specific parts. First, there's the guide devoted specifically to the online industry and all of the peculiarities and specific issues you need to address when buying an Internet-based business.
The second section contains our program How To Buy A Good Business At A Great Price©. This best-selling guide details all the key factors involved when buying any business. Together, these two programs will outline absolutely everything you need to know, and precisely what you must do during each step of the business buying process.
What You'll Learn
- The 42 key questions to ask every seller.
- How to determine what specific type of Internet business makes the most sense for you.
- Uncover the best places to find Websites for sale.
- Understand what every good Internet business must have in place for you to consider buying it.
- How to determine the real revenue and Website activity and not just what the seller would like you to believe.
- Proven valuation techniques to accurately value any online business so you don't overpay.
- Learn specific deal structures that make sense and provide the protection you need.
- Use an 80-point due diligence checklist to uncover all the problems before you buy.
- How to solicit the ‘hidden market’ of Websites not publicly listed for sale or available online.
- Proven strategies to negotiate the 50 critical clauses in a purchase contract.
- How to get any seller to finance the deal.
- Learn how to avoid all the costly mistakes that most inexperienced buyers make.
- Industry resources to utilize.
- What you should do and what to avoid once you take over.
David Fairley of Yelm, WA, Has Owned 18 Internet Businesses. Here's What He Has To Say...
"As someone who has developed, bought and sold 18 internet companies, I found the depth of knowledge, the resources and sound advice in How To Buy A Good Online Business At A Great Price to be invaluable. I now work as a business broker specializing in website sales. While most of our clients are actually "sellers" the principles and expertise relayed in this resource even surpassed our expectations, and we will incorporate many of the guide’s suggestions into our client information package so we address well informed buyers. This is a must have buyer's bible for anyone contemplating purchasing a business - internet or otherwise."
David Fairley - President - Website Properties, Inc. http://www.Websiteproperties.com
You'll Also Receive Ongoing Professional Coaching
To Help You Each Step of The Way
We don't just send you a pile of information and leave you on your own to figure it out.
Along with the program you'll consult directly with Richard and a team of experts as often as you wish during the process.
Once you begin to follow our proven program, you will be automatically enrolled in our exclusive Personalized Consulting Program. With this incredible service you'll have immediate and unlimited access to a team of business buying specialists to help you with any situation or challenge you encounter.
If you need some assistance or advice in reviewing a listing, formulating an offer, negotiating a certain part of the deal, investigating or valuing a particular business, reviewing the financials, or if you simply want an unbiased expert opinion about a specific situation where you're not positive what strategy to use, we will immediately provide you with our experienced input and assessment.
Best of all, you never pay a penny for this service; and you can use it as often as you wish!
Whenever you need help, just contact us, outline the situation, and let us know if you'd like an email response or a phone call. We will review the situation and provide you with our comments within 24 hours.
Most prospective Internet business buyers spend all their time looking at one Website for sale listing after another, encountering all kinds of situations and questions they're not prepared for, and then, they try to determine which, if any, "may" be right for them.
Unfortunately, this is the completely wrong approach! It's also terribly frustrating, time-consuming and, more often than not, completely unproductive.
If you want to go about this the right way, these are the four critical steps you must follow:
Step 1: Educate and prepare yourself fully for each stage of the buying process.
Step 2: Determine with absolute certainty what type of online business is right for you and then focus your search strictly on ones that make sense.
Step 3: Negotiate all of the details to ensure that you put together a deal that makes sense today and down the road.
Step 4: Investigate every aspect of the Website: the technology, the industry, the equipment, the customers, the financials, the suppliers, the employees, and the competition to be sure that you learn everything before you buy!
Doesn't this approach make a lot more sense?
Is This Program For You?
There's an old proverb that says:
"What's the use in running, if you're running down the wrong road?"
Before we get into all of the material, there are a few crucial things that we need to share with you about buying an Internet business.
Once you own the right one, you will look back at this time in your life and realize that buying an online business was the best decision you've ever made. However, from today forward until you buy the right one, there are non-stop, life-altering and critical decisions that you will have to make.
Whether you buy right or wrong is entirely dependent upon your ability to make all the right decisions along the way. Luck and timing have nothing to do with it; knowledge is everything!
Just like anything else, when you know exactly what to do in every situation you can't help but make the right decisions each and every time.
Are You A First-Time Internet Business Buyer?
First-time buyers are most at risk of buying the wrong online business or overpaying dearly for one. Even worse, they may do both!
Many people dream of owning a Web-based business, but it's not all glory, and there are certain things you must do right, key decisions that need to be made, and specific issues that need to be addressed.
How can you possibly know what to do if you've never done this before?
Don't fool yourself into thinking that all you have to do is look around for a Website for sale and then rely on a business broker or the word of the seller to help you make all the right decisions. After twenty years of helping people buy businesses, and successfully operating a Website ourselves since 2001, we can promise you that it won't happen. There's just no way!
How To Buy A Good Online Business At A Great Price© is a 600-plus-page "how to" strategy guide for prospective Internet business buyers. It's divided into two specific sections and 35 individually tabbed chapters covering every stage of the buying process. It includes interactive worksheets, case studies, real-life examples, and all the critical information needed to help potential buyers become owners of the right online business.
What You'll Learn:
An Overview of the Industry: You will more about why some succeed and others fail, current and predicted future trends, industry statistics, and looming threats to watch out for in any online business you consider purchasing.
How To Determine The Right Business For You: Knowing what online business is right for you is quite possibly the most important aspect of this process. When you match your greatest strengths to the right business you cannot help but be successful. This section includes a complete evaluation of your strengths, weaknesses, likes, dislikes, past successes, failures, previous experiences, interests, and a whole host of other components that will produce a concise list of the specific Internet businesses that are right for you.
The Ten Commandments - What every good Internet business must possess: This is huge! Our clients rave about this section because you'll learn the ten most important factors that every good business must possess. Presented in a simple format, it is the ultimate test to apply to any business for sale you're considering to quickly determine whether or not it's worth pursuing. After thousands of business purchases we know precisely what the common ingredients are in every good business! These ten components have proven over and over again to be the foundation of any good business.
Focusing Your Search: This section will detail all of the resources to be used, the best Websites to visit and ones that specifically cater to Internet businesses for sale. You will also understand why your search must go beyond the Internet and how to solicit business not currently listed for sale.
Reviewing Business For Sale Listings: There are 73 key issues to look for in every website for sale listing. Hidden things that can tell you a lot about a business, both good and bad. These listings will form the foundation of the many questions you'll need to ask the seller. You'll learn how to review them in great detail so you can immediately identify businesses that are worth pursuing and completely avoid wasting time chasing ones that will never materialize.
How To Solicit Internet Businesses That Aren't "Officially" For Sale: We'll also show you how to properly approach and solicit a business that may not be for sale but meets your criteria (by the way, every business is for sale - some owners just don't realize it yet). The right business is out there for you and sometimes you have to go beyond what is "on the market". The key is to approach them effectively so the owners won't take your solicitation to mean that you're prepared to pay any premiums.
Key Questions To Ask The Seller: A detailed listing of the 60 key questions to ask the owner of any website business. This section will properly prepare you to meet with the seller and clearly understand their particular business, the challenges and opportunities. Not only will you know the questions, you will understand what answers to look for and how to weed through their "sales pitch" and get to the real story.
Gathering Information on The Industry and The Competition: Learn proven methods to thoroughly investigate the industry and challenges that may affect you that the seller probably won't disclose. You'll also know precisely how to check out all of the competitors.
Personal Issues To Consider: There are numerous considerations to be made when buying any business, but even more so when it comes to an online one. You'll learn ten important questions that you must ask yourself, the key attributes of any successful Internet business owner and the typical problems you will face.
What Makes A Good Online Business?: Here you will understand the crucial components and common denominators that successful Website businesses all share. You'll learn what needs to be evaluated regarding the marketing, the technology, the target market, future trends, and the common issues that inexperienced Internet business buyers overlook.
Reviewing The Figures (numbers don't lie; sellers do!): Learn how to value an online business so you're certain you pay a fair price. Many Website owners are completely delusional regarding their asking price. Or, they've been in business for a very short time and have priced their business on one good period. You'll gain a crystal-clear understanding of how to accurately value any Internet business. You'll use our two proprietary and trademarked formulas to arrive at a proper valuation.
Understanding The Website's Real Activity: Learn how to verify all of the traffic numbers that sellers typically embellish to ensure that they are true and accurate. You'll understand the exact steps to take and the procedures to use to uncover any problems and to see if the seller has "cooked the books" or made certain adjustments to falsify the business. This goes on all the time and the consequences can be enormous!
Deal Structures: When it comes to structuring the terms for the purchase of an online business there are many issues to consider. You need to be protected against the lack of long-term historical data and pay very close attention to some extraordinarily sensitive issues regarding the non-compete clause. Both of these issues may necessitate a performance-based earnout formula. Most importantly, getting the seller to finance the bulk of the deal to add another layer of protection for you is the goal and we will show you exactly how to do it. You'll receive specific legal language to use in the contract to cover the critical elements of the due diligence and an on-site observation period.
Key Clauses To Negotiate: Our program will prepare you to effectively negotiate every part of the deal. There are over 50 specific clauses that must be attacked, and this is what separates good deals from bad ones! We provide you with "what to do" checklists and point-counterpoint strategies for each component you'll have to include in a Purchase Agreement. We'll lay out the precise clauses you'll need to ensure you're completely protected from a future decline in the business, purchasing bad inventory or obsolete software, or for any other liabilities that will surely come back to haunt you if you don't protect yourself properly.
Financing The Purchase: The goal is simple: get any seller to finance the deal. We won't allow you to put up your house, guarantee the loan with personal assets, or offer your "first born" as collateral. No way! The seller will provide the financing you need. Over 90% of our clients get the seller to finance the bulk of the deal. This is a critically important aspect of the deal. After all, if the seller won't finance you, what does that tell you about the future of the business or his/her belief in you to run it?
Due Diligence: There are over 80 specific things you need to check out during the due diligence and inspection phase of an online business. The last thing you want is to find a problem after it's too late. You must uncover everything BEFORE you buy. This comprehensive checklist details what you need to check, and how to do it for the financials, the technology, the products/services, the customers, the operations, the employees, the suppliers, and on and on.
Closing The Deal: Making The Final Decision: How to add up all of the information and make the right decision. You'll know what issues have to be renegotiated, and the documents needed to close the deal.
Post-Purchase To Do: The first six months after you take over any business are critical. Unless you're a well-seasoned, experienced Website operator, there are certain things you must do, and others you must avoid doing in this very important initial and transitional period. We outline the ideal strategy for you to adopt once you take over your new business.
Hiring Professionals: We'll explain how to hire the right lawyer and accountant, and you'll discover eleven surefire ways to save a ton on their fees.
Avoiding All The Hazards: You'll be aware of every trap that causes inexperienced buyers to make awful decisions. You'll know how to deal with, and avoid, all of them!
Interactive Resources Included: You'll also receive legal forms, specific clauses to include in any agreement, Letter of Intent, Offer To Purchase Agreement, fully formatted and interactive Excel spreadsheets for financial/cash flow analysis, sample letters, Personal Financial Statement worksheet, case studies, and course exhibits.
Click On Any Lesson To Read A Detailed Listing Of Every Topic
You'll Cover In This Comprehensive Business for Sale Program
OVERVIEW OF THE INTERNET INDUSTRY
- Key statistics you need to know, current trends in this industry, and threats to consider.
THE GOOD, THE BAD, THE UGLY
- There can be great benefits to owning an online business but also some critical issues to think about.
WHAT MAKES A GOOD ONLINE BUSINESS?
- The key ingredients that all good Internet businesses have in common.
THE RIGHT INTERNET BUSINESS FOR YOU
- Key questions and exercises that will help you determine what type of business is right for you.
WHERE TO LOOK FOR INTERNET BUSINESSES FOR SALE
- The best resources to use to find the right online business. The strategies to solicit ones that may not be "officially" for sale.
WHY EVERY BUSINESS IS FOR SALE AND HOW TO APPROACH THE ONES THAT AREN'T
- The ideal business for sale may be staring you in the face.
- Starting off properly and staying on the right path.
THE TEN COMMANDMENTS
- A ten-point test that any good business for sale must pass.
- A complete overview of how they work. Do you need one? How to hire one that will meet your needs.
FRANCHISES - ARE THEY FOR YOU?
- They're not for everybody; how to find and buy an Internet business resale that's already successful.
PERSONAL ISSUES TO CONSIDER
- What you need to ask yourself and evaluate personally before buying an online business.
- A straightforward and concise explanation of all accounting terms. Learn how to tear apart and interpret financial statements in one lesson.
THE SELLER AND THEIR IMPORTANCE
- They can be your best ally or your worst enemy. Getting them to agree to your major points.
FOCUSING ON A TARGET
- How to breakdown business for sale listings and focus your search on ones that make sense for you.
KEY QUESTIONS TO ASK THE SELLER
- The 42 questions you must ask every seller, and what answers to look for.
GATHERING INFORMATION ON THE INDUSTRY AND THE COMPETITION
- How to get crucial information directly from competitors and industry experts.
VALUING A BUSINESS
- Use two proven and proprietary valuation models that guarantee you will never pay more than a business is worth.
FINANCING THE PURCHASE
- A review of all options available to you and a strategy to negotiate great seller financing.
NEGOTIATING AND MAKING AN OFFER
- A complete breakdown of every detail to negotiate and the techniques to use for each.
STRUCTURING THE DEAL
- Buying an online business will almost always require a very different deal structure than any other business. Learn all the possibilities to structure a great deal for you.
WORKING WITH PROFESSIONALS
- How to hire the right lawyer and accountant, PLUS eleven surefire ways to save a ton on their fees.
- Learn how to get full access to them and have them reveal what's really going on in the company.
- An 86-point due diligence checklist to be followed when buying any online business.
PULLING THE TRIGGER
- Adding it all up and making your decision.
CLOSING THE DEAL
- A detailed listing of the documents needed to protect yourself and an explanation of what to look out for from the seller’s attorney.
- A checklist and plan for your first 90 days after taking over the business.
Your No-Risk Guarantee Of Success
We believe it's important for you to know the extent to which we believe in, and back up, our product.
After you receive your material simply follow the techniques we've laid out, utilize our consulting service as often as you'd like, and if, for any reason whatsoever, you feel that the information we have provided does not equip you with all of the knowledge and tools you'll need to buy the right Internet business for sale, or if our program does not exceed your expectations in any way, just let us know at anytime and we'll immediately refund all of your money. This is not a 30, 60 or 90-day guarantee. We mean anytime.
No questions asked! No fine print! We mean anytime!
The reason why we can offer this type of guarantee is simple: when you have a program that works, there's never any fear offering people the ability to get their money back if they're not completely satisfied.
Available Via Immediate Electronic Download
|Eliminates All The Guesswork!
Your Roadmap To Success
The complete course is available via immediate electronic download! You'll be on your way minutes from now!
- Downloads in minutes!
- Includes interactive resources, worksheets, and Study Guide.
- This download is fully interactive.
- Read it off your PC or print it out.
- No special software required.
You will receive a receipt for your purchase containing your link to retrieve your download immediately after you confirm your order.
How To Buy A Good Online Business At A Great Price Includes:
Study Guide and Journal© - Track your progress, note key points to remember from each section, and log any questions you may have that you'd like to discuss with us.
Prospective Business for Sale Portfolios© - A comprehensive four-part form to use when evaluating a particular Internet business for sale. It will help you prepare your questions, detail your notes, organize the follow up, and do an overall evaluation on any business you may be considering.
Due Diligence Worksheets© - For the last stage of the business for sale buying process - investigating the company. This is not the time to let anything fall through the cracks! These worksheets will allow you to detail every task that needs to be completed, follow-up to be done, and general notes for this crucial stage of the buying process.
|*Regular Price *119.95*
subject to change without notice
Click once on the "Buy Now" button and you will be taken to our secure server and order form.
Something To Consider
Whenever you make any decision in life, large or small, you have to consider both sides of the equation. The cost of this program, compared to what you can expect to pay for and earn from the right business, or, how much it can save you from buying the wrong one, is negligible.
Is it possible for you to buy the right existing online business for sale at a great price without this knowledge? Perhaps; but why on Earth would you be willing to take that kind of risk?
Ask yourself, what's the downside? There isn't any; you have zero risk! Think about it: could we possibly offer this type of guarantee if our system doesn't work?
Thank you for your time and I look forward to working with you.
By the way, if you have any questions about our program, if you're not sure whether it's for you, or if I can help you with anything at all on the subject of buying a business, please email me at anytime. It will be my pleasure to assist you.
The Resource Center for Buying an Online Business
Note: The cost of this course may be considered a tax-deductible business expense. Please consult your accountant.