The best way to sell an online business?

9 replies
Hi

after some advice about selling my online business. I started a niche deals site a few months ago, which is really starting to take off. Great, you may say. Well, yes it is great in the sense that it is building momentum, and I have a stream of vendors who are contacting me about placing deals on my site, but I have overcommitted myself.

I have a career that I don't plan on quitting too soon, as I enjoy it, and I also have a couple of other ventures that I do pretty well at. The other businesses I have are semi-automated and don't demand a lot of time, so they are good to have on the side.
:confused:
My new deals site, although it has huge potential, is taking up more of my time than I wish to invest, while I was on 3 weeks leave from work, I had plenty of time and this is when I really started to build on it. Now I am back at work, and everyday when I get home, there is something to do, someone to contact, new deals to source etc, and I am starting to lose momentum.

I didn't think I would want to part with this business so soon, but I really would like to sell it as a going concern while it is in the growth stage, with my business contacts, plus nearly 900 subscribers.
What I would like to know, is, what would be the best way to sell this type of business? Put it on ebay and hope for lots of bids? Flippa? Or is there a better way?

thanks in advance for any advice,
Angela
#business #online #sell

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