Selling a Business Online

Video Transcript

"Hello, I'm Robert Nizza, with the BTI Group, in San Francisco.Just a few words about how to sell the business online. The fact is, from my perspective, working with the large brokerage firm and business brokerage firm, most businesses, if not all of the business that we sell, are done online, and there are several websites that do this. It's much more rare now, to sell a business in your local newspaper, or in magazines. It's still done, but there are thousands of businesses you can find online, and the way to do that, is to create a blurb for the business. Three or four sentences about the highlights of the business, so that you attract someone to your listing, and then put in some basic information about, what are revenues? What is the purchase price? How much cash does the business generate? any other vital information that a buyer would need, to get attracted to the business, but by and large, most businesses sold online, it's very rare that we come across businesses that are sold in print material, nowadays."