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Top >  Business >  2006 >  March >  2006-03-09

How To Sell Your Web Business


Selling a business, regardless of the type, is always rather tricky. You can never really know if you are making the best business decision or if you are getting the best price for your company. This is particularly true for online based businesses, where the turnaround can change on a monthly basis. USABizMart.com, a popular online business website, has launched the Business For Sale Online Academy to teach both potential and veteran business owners how to sell their small business and business buyers the latest techniques for searching and buying a business.

The academy is based online and holds 4-5 free online seminars every month on topics ranging from Buying and Selling a business to strategies on getting an SBA loan to purchase a business. These are all lead by Peter Siegel who holds an MBA and has written three books on business buying and selling strategies. The online seminars, or webinars, draw on his experience in the business world and on a large number of case studies of successful small business transactions. The online seminars are presented free to the public, and take no more than 1 hour. This is done so that even the busiest current or future business owner can attend and get the knowledge that they need to buy or sell a small business successfully and in record time.

At the heart of this program is the TIIC Method. This is a comprehensive method for buying or selling a small or mid-sized business that stresses preparation, setting realistic expectations, using intensive advertising and marketing exposure to the right audience, and systematic follow-up and closure techniques. This method has been shown to help business owners get the best deal while being able to close their deal within 60-90 days, compared to the 6-18 months it normally takes. Even the life-long entrepreneur who has been able to conquer almost any challenge may find himself at a loss at what to do to get the best price when he decides to buy a new business or sell his current one, especially if he has only owned one company.

                                 

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