Great post today by the new owner of Blogging Experiment on "What I Look For When Buying A Website." It's an outstanding look at all the elements of value in a site -- many of which most people never think about.
If you know what's valuable, you can focus on those things and make your exit as lucrative as possible.
Peter gives away some great advice in Domain Name Shopping at DMOZ & ODP -- so good that I hesitate to draw any more attention to it. Seeing as how it's already out there, though, I thought I'd go ahead and add one thing that he left out.
Sometimes the whois information for a domain can be worthless. Either the domain owner has decided to pay for a private registration or the ... Keep reading »
Scott has a great post today over on Self Made Minds entitled: Buy for 2 years income and repay yourself in one year. I definitely recommend reading it. I've used that strategy a lot, and he's right.
There are two things to be careful of when doing this, though.
The first is to check the seller's claims of revenue very closely. I've been burned on this before.
The second is to remember that "historical performance is no indicator ... Keep reading »