Wednesday, 30 December 2009

Small Business Internet Marketing

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small business internet marketing
Successful small internet company: how to cash out?

I've been running a successful small online retail business I set up for about 4 years now and I'm becoming burnt out. The profit is easily $100k per year, with a tremendous amount of room for growth.

Requirements: The manpower required is 20-40 hr/week manager to handle emails and easy technical stuff, and an assistant to prepare items for shipment (2-4 hours/day). The area required is a large bedroom size to hold the inventory and supplies.

What can I do? Is there any sort of market for buying this sort of small-scale business? I have considered the amount it would take for me to walk away from this venture forever, and it's in the range of $500k after taxes, but I doubt I would find a business willing to pay that much.

Should I try to set up an office and hand over the day to day operations? That is much easier said than done, but it may be my best option.

Generally, I'm getting burnt out and I can't continue this forever. Any insight is appreciated.

Thanks.


There may be business brokers where you live or in towns near you that help business sellers and buyers get together. If you use a CPA for taxes or accounting work they may know someone who would be interested in buying an ongoing business. Each of these would probably want a commission for putting the deal together.


Craig Jacobson on Small Business Internet Marketing









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