Connect with us

Marketing

Why Now Is A Good Time To Sell Your Website

Why Now Is A Good Time To Sell Your Website

Not sure if you should sell your website? There could be some pretty valid reasons why you don’t need to put it up for sale, and some strong reasons why you should. In the end, what matters is that you are happy with your final decision. You don’t what to sell it and regret later, or pass up the opportunity to give it away for a tidy sum.

So, to sell or not to sell? This post will try to focus on why selling your website now will turn out to be a good decision.

Onto the reasons:

You have Received a Mega Offer

So someone has just slapped you with an offer of $1m. What do you do? Why don’t you just take the money and run away as fast as you can? It’s not completely unusual for people to offer some mad money for businesses that are worth only a fraction of the money. Okay, maybe it’s not 1 million dollars, but it is 5 times what your website is worth now, or even in a few years. How can you resist that?

Why Now Is A Good Time To Sell Your Website

Web businesses like Instagram have sold for 1 billion dollars. But even if you are not anything like Instagram, maybe the buyer sees much potential in your website. They may like the business model and the growth opportunities that come with it. And perhaps, they are better equipped to run the business at its full potential. Therefore, if you are not really excited by the potential of your site, or you’re finding its operations too tasking, then now might be the best time to sell – especially if the offer is very good.

You are Tired – and want your Freedom

You may have already grown sick of managing your website. Maybe it just doesn’t allow you enough time to be with friends and loved ones. You might find out that it is better to invest your energy, talents and resources to a worthier venture.

You could also be seeking:

  • Fresh, exciting challenges
  • More time with family
  • Time to reflect, or take up a new course
  • A different business venture with more returns
  • Any other opportunity that your website is stopping you from pursuing

You are in a Risky Business

Many web businesses have this weakness of relying on one revenue model, or one traffic source. If you are only relying on Google AdSense, for instance, there’s the risk that your account could be banned any time. Or if search engines bring in the largest chunk of traffic, what will happen when you they do an algorithm update and you’re cast out?

Some markets are also volatile – think credit cards, gambling, and the like. New government legislation may be passed against such businesses and you could be driven out of business just like that. If you get a good offer for your website, why would you want to stick around?

There are Better Opportunities Elsewhere

This alone is a major reason why some people abandon their web ventures. If they smell better business opportunities elsewhere, they see no point in sticking around. Other people look for ‘safer’ investments such as stocks, bonds and real estate.
Generally, real estate can consistently bring in returns of 6%, while stocks can bring in up to 10%. The returns from a small business may be in the region of 33%. But of course, all this depends on your knowledge and level of skill in investing, or market forces. If you think you are tying up your potential by being in the web business, then just sell it and move on to the bigger opportunities.

You are in need of the Money

There are so many things that could lead you to needing the money ASAP. It could be that you’re dead broke, or a great investment opportunity has come up and you don’t want to be locked out. However, selling off the website to pay off a manageable debt may not be the wisest thing to do. In such a case, it would be better be better to pump more cash into the business and pay off the debt over several months.

Selling your website when you desperately need the money may not sound like a good plan, but that decision is inevitable when you’re left with no choice.

Tom writes for http://www.valuator.com.au– click here to learn more about what your website may be worth and what it may fetch when selling.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Posts

Tips On Preventing Accidents In The Workplace and Keep Your Employees Safe Tips On Preventing Accidents In The Workplace and Keep Your Employees Safe
Business5 days ago

Tips On Preventing Accidents In The Workplace and Keep Your Employees Safe

Preventing accidents in the workplace is both the moral and ethical responsibility of every employer. Knowing that there’s a safety...

4 Surprising Ways SaaS Can Be A Game Changer For Small Business 4 Surprising Ways SaaS Can Be A Game Changer For Small Business
Business6 days ago

4 Surprising Ways SaaS Can Be A Game Changer For Small Business

The World Wide Web will never run out of tips and strategies on how to grow your business. These days,...

Understanding SaaS, PaaS, IaaS Prior to Selecting One For Your Business Understanding SaaS, PaaS, IaaS Prior to Selecting One For Your Business
Tech2 weeks ago

Understanding SaaS, PaaS, IaaS Prior to Selecting One For Your Business

Summary: Cloud Computing is rising at a faster pace, and it’s crucially important for organizations to move to the Cloud...

5 Tips to Avoid Federal Tax Penalty For Taxpayers 5 Tips to Avoid Federal Tax Penalty For Taxpayers
Finance3 weeks ago

5 Tips to Avoid Federal Tax Penalty For Taxpayers

When you are undergoing a tax issue, then it is vital to have knowledge of what are you up against...

Hygienic Cleaning Tips Before Moving Into A New Home Hygienic Cleaning Tips Before Moving Into A New Home
Home Improvement3 weeks ago

Hygienic Cleaning Tips Before Moving Into A New Home

Buying a new home during a pandemic is not only a financial challenge but a sanitary concern. Namely, before you...

Spy App For Android A Tool For Keeping Workplace Spy App For Android A Tool For Keeping Workplace
Tech4 weeks ago

Spy App For Android A Tool For Keeping Workplace

Dealing with routine matters has been a lot easier and stress-free thanks to modern technology. Want to order food, use...

How to Create A Backyard Zen Oasis How to Create A Backyard Zen Oasis
Home Improvement1 month ago

How to Create A Backyard Zen Oasis

The lifestyle of the modern era usually depletes one’s energy by the time they get home from work. Whether or...

Mistakes You Need to Avoid When Preparing Your CV Mistakes You Need to Avoid When Preparing Your CV
Education1 month ago

Mistakes You Need to Avoid When Preparing Your CV

Writing a CV can be hard. You have to somehow condense all your experience into 1 or 2 A4 pages....

Home Decor Trends For 2021: What You Can Expect Home Decor Trends For 2021: What You Can Expect
Home Improvement1 month ago

Home Decor Trends For 2021: What You Can Expect

This year, the Covid pandemic has had a huge impact on many different industries and sectors and one which has...

5 Ways to Protect Your Teeth This Christmas 5 Ways to Protect Your Teeth This Christmas
Health1 month ago

5 Ways to Protect Your Teeth This Christmas

Christmas is just around the corner and the preparations are well underway for the festive day, even if it is...

How to Create A Referral Marketing Program In 6 Easy Steps How to Create A Referral Marketing Program In 6 Easy Steps
Marketing2 months ago

How to Create A Referral Marketing Program In 6 Easy Steps

You may have heard of the benefits of a referral program. Besides helping you attract more traffic to your website,...

5 Important Web Design Considerations to Make For Better SEO 5 Important Web Design Considerations to Make For Better SEO
Tech2 months ago

5 Important Web Design Considerations to Make For Better SEO

Ever since the birth of search engines, practices in optimising websites for better search rankings have changed considerably. Where it...

4 Reasons For Your Teeth Becoming Sensitive 4 Reasons For Your Teeth Becoming Sensitive
Health2 months ago

4 Reasons For Your Teeth Becoming Sensitive

Having sensitive teeth can be a common issue for many, but it can also be a sign that you have...

How To Keep Your Business Clean & Sanitised How To Keep Your Business Clean & Sanitised
Business2 months ago

How To Keep Your Business Clean & Sanitised

If your business offers any kind of public-facing services, then you will likely be thinking a lot more about the...

The Impact Of Covid-19 on Commercial Property The Impact Of Covid-19 on Commercial Property
Business2 months ago

The Impact Of Covid-19 on Commercial Property

The lives of people all over the world have been completely altered as a result of Covid-19, with businesses struggling...

Categories

Archives

Trending