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 numerous website sellers and many more potential website buyers over the years. I strongly believe that the exceed way for an entrepreneur to successfully get into an online clientele, 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 conceptualise 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 back end Kill Any Deal There certainly is an important parting for a competent commercial justice attorney to advise and bring up the legal structure of a website purchase and sale trans operation. The problems arise when lawyers fulfill themselves as business negotiators whose mission is to get the best deal for their clients. They a grea t deal 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 awkward time with compromise in this type of situation because they often take their role as advising their clients on how to get the better deal. Usually, an attempt at a lopsided deal for either party will resolving in no deal at all. Trust Only What You nominate Verify As a matter of basic principle (and law in most States), all website brokers dealing with the public are parachute to be honest and forthright in their conduct concerning the website that they represent for sale. scarce they also have a fiduciary relationship (position of trust) to uphold betwixt 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 moreover at the same time not pointing out all of the potential business pitfalls . This usually 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 apposite information. A Website Is Worth Only Whatever Someone Is Willing To succumb For It