If you’ve ever purchased insurance for your cell phone you might be familiar with the company Asurion, the global provider of device insurance, warranty, and support services. What you might not know is that Asurion was one of the early “Search Fund” successes, grown from a company purchased in 1994 by two Stanford MBAs with […]
Resources for Entrepreneurs
Business Seller Marketing Materials
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 third chapter, we look at the important components to business sellers in telling your story to prospective buyers. 3. Business Seller Marketing Materials In addition to telling your financial story, […]
Sell My Online Business? The World is Your Oyster
Back when “retail” meant a store you could walk into, selling a business was generally a local affair. Sellers marketed their opportunities for sale in the newspaper, or on geographically-focused marketplaces. Business owners and brokers met face-to-face with prospective buyers, and due diligence was mostly hands-on. A Global Marketplace The world has changed, of course. […]
Ecommerce Sales for Second Quarter 2022
Summary: E-commerce sales for second quarter 2022 were up over last quarter and Q2 2021, according to the latest statistics from the U.S. Department of Commerce. Second Quarter 2022 The estimate for U.S. retail e-commerce sales for the second quarter of 2022, adjusted for seasonal variation, but not for price changes, was $257 billion, an […]
Ecommerce Sales for First Quarter 2022
Summary: Ecommerce sales for first quarter 2022 were up over last quarter and Q1 2021, according to the latest statistics from the U.S. Department of Commerce. First Quarter 2022 The estimate for U.S. retail ecommerce sales for the first quarter of 2022, adjusted for seasonal variation, but not for price changes, was $250 billion, an […]
2 Ways to Value a Business
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 second chapter, we look at different approaches to value a business and which one is right for your online business in approximating its worth. 2. Valuation & Financials The […]