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Resources for Digital Business Entrepreneurs

Total Ecommerce Sales for 2022

4th qtr ecommerce sales

Summary Total e-commerce sales for 2022 continued to power upward, according to the latest statistics from the U.S. Department of Commerce. Total e-commerce sales for 2022 were estimated at $1,034.1 billion, an increase of 7.7 percent (±0.4%) from 2021. Total retail sales in 2022 increased 8.1 percent (±0.9%) from 2021. E-commerce sales in 2022 accounted […]

Filed Under: Business Trends

Selling Your Business Within 5 Years? 7 Things To Do Now

selling your business within 5 years

Most business owners approach selling their business much like my son approaches his homework – they avoid thinking about it until they absolutely have to. It’s understandable. For many owners, their business is their baby, their employees are their family, and they enjoy the challenge and sense of purpose derived from their work. That said, […]

Filed Under: How-To

Ecommerce Sales for Third Quarter 2022

third quarter ecommerce sales

Summary:  E-commerce sales for third quarter 2022 outpace retail sales over last quarter and Q3 2021, according to the latest statistics from the U.S. Department of Commerce. Third Quarter 2022 The estimate for U.S. retail e-commerce sales for the third quarter of 2022, adjusted for seasonal variation, but not for price changes, was $265.9 billion, […]

Filed Under: Business Trends

Due Diligence and Closing the Sale

closing the sale

We continue to post chapters from our upcoming ebook guide, How to Sell an Online Business, to help business owners prepare for a sale. In this sixth and final chapter, we look at the seller’s role in buyer due diligence and the documents needed to close the sale. 6. Due Diligence and Closing Documents Once a […]

Filed Under: How-To

Broker Spotlight: Empire Flippers

Empire Flippers

On the About Us page of their website, Empire Flippers writes, “Hmm, how shall we say it, we run things a bit, different.” Well, Empire Flippers is different – as much a technology company as a broker. Think of the firm as the Carvana of website brokerages. Like the disruptive online used car retailer, their […]

Filed Under: Industry Article

How to Engage with a Business Buyer

business buyers

We continue to post chapters from our upcoming ebook guide, How to Sell an Online Business, to help business owners prepare for a sale. In this fifth chapter, we look at how to engage with business buyers toward a signed Letter of Intent.  5. Bringing Buyers to the Table With the most likely buyers identified, the […]

Filed Under: How-To

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Recent Posts

  • Total Ecommerce Sales for 2022
  • Selling Your Business Within 5 Years? 7 Things To Do Now
  • Ecommerce Sales for Third Quarter 2022
  • Due Diligence and Closing the Sale
  • Broker Spotlight: Empire Flippers

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