Points to Consider When You Buy or Sell Websites :: Sell Websites Buy Websites

Points to Consider When You Buy or Sell WebsitesReprinted with permission of VotanWeb.com Ive worked with galore(postnominal) website sellers and many more latent website buyers over the years. I strongly believe that the outdo way for an entrepreneur to successfully get into an online telephone line, or expand what they already have, is to buy an existing profitable website. To help those who are considering buying or selling a website, I offer the following overview of what I deliberate are the most important issues when buying or selling a website. These have been excerpted in part from my book, How to Get Top Dollar for Your Website. Lawyers bunghole Kill Any Deal There certainly is an important grapheme for a competent commercial lawfulness attorney to advise and ready the legal structure of a website purchase and sale trans deed. The problems arise when lawyers put on themselves as business negotiators whose mission is to get the best deal for their clients. They of t forget that the best deal has to involve both parties, the buyer and the seller, and that compromise is usually the best solution. Lawyers generally have a very rocky time with compromise in this type of situation because they often arrest their role as advising their clients on how to get the better deal. Usually, an attempt at a lopsided deal for either party will conclusion in no deal at all. Trust Only What You fanny Verify As a matter of basic principle (and law in most States), all website brokers dealing with the public are enclose to be honest and forthright in their conduct concerning the website that they represent for sale. and they also have a fiduciary relationship (position of trust) to uphold mingled with themselves and their clients (the business seller, in most cases). They must present a business for sale in its best light without misrepresenting any significant facts barely at the same time not pointing out all of the potential business pitfalls. This usu ally establishes an adversarial relationship between the buyer and the broker as well as between the buyer and the seller. The best course of action for a buyer is to trust only what they can verify during a rigorous due diligence process and the best approach on the part of the seller/broker is full disclosure of all relevant information. A Website Is Worth Only Whatever Someone Is Willing To pay For It