"Recently I stumbled upon an article on Entrepreneur.com titled “10 Mistakes to Avoid When Selling Your Business.” I found myself relating to five of them, from my own experiences brokering ecommerce business deals.
Mistake #1: Listing Your Business without Sufficient Preparation
Insufficient preparation is the top mistake many ecommerce business owners make. In addition to solid financial statements, business prospectuses should contain many key pieces of information. Preparing your business for sale typically takes at least a few weeks time with the help of an expert ecommerce broker. If you are doing this yourself, you should allow yourself 3 months time. A broker can provide you with many different samples that will give you an understanding of how a good prospectus should look like. Following is a list of items we included in a last prospectus we prepared:"
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Top 5 Mistakes Ecommerce Owners Make When Selling their Businesses » Practical Ecommerce:
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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