What To Look For In An Online Business Broker

Finding a great business broker can make a massive difference to success of selling your online business, getting value you deserve.

Here are 4 characteristics to watch out for:

1. Experience with selling businesses. This one tops list. Skillful business brokers have spent years mastering art of negotiation and undersatnding market. If you are selling an online business, then it is even more important that you find a specialized online business broker, someone who understands getting maximum price for internet-based businesses.

2. Proven Reputation. You want someone who has a rock-solid reputation with years of experience helping sell businesses. The ideal online business broker will have sold hundreds of online businesses already and can point out some specific examples.

3. Great Communicator. Selling your business can be a lengthy and detailed process, in order to get most out of your online business broker, they need to be a great communicator - it's absolutely necessary.

4. Must Ensure Your Confidentiality. You can't afford to have your customers, partners and competitors know that you are about to sell your business. Look for a broker that guarantees confidentiality using appropriate protection forms every step of way.

5. Specialize. Focus on a business broker that understands your type of business. Just as you wouldn't go to foot specialist about your stomach problem, you want to make sure you find a broker that specializes in online business.

Finally, you can take stress out of selling your online business by using an experienced, professional online business broker. Don't leave sale of your business to chance, consider consulting your very own online business broker today.

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Have you had same thought about any of your customers? Before you dismiss customer that only spends five dollars, take a look at her long-term value. How often does she purchase over time? How many people does she refer to you that have same spending habits? A $5 customer can really be worth over $50,000 in long term and should be treated like a queen.

Key #3: Take Action Your customers are busy people. They need to be reminded that you exist and how you can eliminate their pain (wants or needs). Have you ever received mail from a company and decided to save it so you could "check them out later?" Then you find that piece of mail in your "to do" stack months later and realize you never contacted them. Your customers do that too. You have to remind them. Often.

Customer loyalty is not rocket science. But it does take consistent effort. Over 90% of small business owners are letting money walk out door of their business each and every day. Are you one of them?