Business Sell Your Internet Business For Millions - Forbes

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Although not every internet business attracts eye-popping prices like the mobile app WhatsApp ($19 billion), virtual reality startup Oculus VR ($2 billion) or high-tech thermostat maker Nest Labs ($3.2 billion), it’s very possible to win a deal in the millions for a healthy internet business, if things are done the right way, Forbes says.

And right now could be a good time for you to sell.

In its second quarter report, BizBuySell.com, an online marketplace for small businesses, found that transactions, up 11% from the same period last year, had reached pre-recession levels. Both median asking and selling prices rose.

Nonetheless, BizBuySell noted it’s still a buyer’s market, with the average cash flow multiple of businesses that sold holding steady at 2.23. For general internet businesses, the average cash flow multiple was 3.02; the average revenue multiple was 1.97.

Tips to make the most of the current demands include the following:

Become a planning geek

Create a profit-o-matic
.

Make sure buyers get The Memo.

Mind meld with your market.


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