Websites for Sale - Tips to Help You Sell Your Websites
If you're thinking about selling your website, it pays to be prepared. Here are some strategies that can help you make the deal:
Keep financial reports and tax filings current. Although there may be nothing wrong with your website, you'll scare off bidders with confusing or excessively delayed financial statements. If you've had trouble staying current in the past, upgrade your accounting software or consider using a CPA.
Strive for accuracy. Serious bidders will demand a high level of comfort, especially about the accuracy of cash-flow statements. This is a time when it may really pay off to invest in audited financial statements.
Time your deal right. Although it always makes sense to try to sell during a hot market, it's even more important to pay attention to what's going on within your market niche. Don't try to sell during a significant downturn - unless you absolutely don't have any other options and are prepared to accept a rock-bottom price.
Keep things simple. Anything unusual is bad news when it comes time to selling your website. So look at your website the way a stranger would, and eliminate complications before you try to sell. If you have mixed the revenue from several websites, separate them unless you intend to sell all of them together.
Accept reality. If you're operating in a highly competitive market, then your buyer will insist on a non-compete agreement. If you're not prepared to make such concessions, your website probably won't sell.
Put a realistic price tag on your website. A good rule of thumb is that only on the rarest of occasions do companies sell for a price that's as high as six times pre-tax earnings. If you're trying to sell for more than that, be prepared for your financials to be examined under a microscope.