The buy to let business

Access tax-free funds. The biggest advantage to using ROBS is that you can access funds that are held within a tax shelter (and presumably won’t be using for anything else until retirement) to acquire an online business, and you can keep those funds in that tax shelter. Similar to dealing in cash. For the person selling their business, using ROBS appears very similar to someone buying their website with cash. Accessing the funds in your retirement account only takes a few weeks and, once accessed, are easily transferable to the seller without any work on their side. Options for your investment. Using ROBS, you can either treat your invested capital from retirement as an investment and grow your retirement portfolio in its tax-deferred shelter or you can convert out of the ROBS and benefit from any increase in the value of the business. … [Read more...] about How to Buy an Online Business: 8 Funding Options

When buyers speak of doing due diligence on an acquisition, we usually split this up into two parts – discovery due diligence and verification due diligence. Discovery due diligence is learning how the business works, how it’s performed in the past, and where the opportunities and risks lie in the future of the business. Verification due diligence tries to verify all that was learned in the discovery due diligence. … [Read more...] about 8 Common Mistakes to Avoid When Buying a Website

Offer Discounts, Meetups, or Free Swag to Users Another thing businesses can do right now with the Pokémon GO app is to host meetups. Right now, users can only battle one another at PokéGyms, so if your business is near one (these are chosen by the app and are usually landmarks, like churches or parks), take advantage. Offer discounts to hungry users who are driving by or have a giveaway tent with free food to grow visibility for local users. … [Read more...] about How to Market Your Business on Pokémon GO

Bonus: Never Let Pride Dictate Your Decisions After hundreds of closed deals and thousands of conversations with buyers, there’s one lesson a potential buyer should take into consideration above all the rest. We recently had someone buy a business because he wanted to prove he could. That’s a bad reason. Buy a business based on its metrics, your analysis, and your ability to invest the time it needs.My advice will get you nowhere if you push through the process for a sense of pride. Remember: Humility is a great protection against losing money. … [Read more...] about 19 Things I’ve Learned About Buying Websites

When you think about the search buying cycle, you often start with a user’s keyword search. However, that’s not the entire buying cycle funnel. The first steps in the buying cycle are awareness and interest. It’s difficult to generate awareness in search as someone has to first know about a product or service before they can search for it. … [Read more...] about Save Time & Money Buying Your Targeted CPM From Google