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If you're spending money to buy anything - company or assets - you'd still want to do due diligence if there was any significant sum involved. Even if it's an asset purchase, you'd at least want to do enough DD to establish that the seller actually has the right to sell them, so it's not a case...
"What is the best valuation method to use for this kind of business?"
There's a chapter about small business valuation in my book, "The Buyer's Quest", which just happens to be on special offer this weekend - only 99p. The chapter covers various different methods of valuation, which ones are...
Martin Roberts (the TV presenter) has a book called "Making Money From Property". It probably doesn't answer your specific question, but it's invaluable reading for anyone starting out in investing in property, including commercial units.
I've heard complaints that it's difficult to buy on...
I'm not hostile. LOL. Just wondering why you make these assumptions without any evidence or reasons why you make them.
It's good that you acknowledge that you're not stating facts, otherwise some people might believe your assumptions and take them as facts. And act on them!
Sigs? Yes, that's a...
Why are you assuming that the success of the site is because of SEO? Is there any evidence of that?
Do we know where the traffic has come from or how it was acquired?
Why are you making these assumptions when we know very little about the site, where it gets its traffic, or how it makes its...
If the site is making a profit, that's great. But why buy into and perpetuate this annual obsolescence? I'd not buy 2016anydarnedholidays.co.uk, I'd buy mylovelysuperholidays.co.uk and then not have this fiasco of obsolescence every year if the site is worth keeping.
I'm curious about the use of the word "profit" in the OP. Does it mean that sales have been £1170 more than costs for this month? And what about all the other months? If the figure is earnings rather than profit, how much did it cost to make those sales? It's also a very short time frame to try...
My own horror story was with DHL. They lost my passport and some important, time sensitive documents. Then they wouldn't lift a finger to help because it was the weekend. They suggested I should contact them on the Monday. After that fiasco, I wouldn't pee on them if they were on fire.
On a...
Plus it's much easier to sell pixie dust and unicorns than it is to sell stuff that actually works. The market is tainted on both sides, A) the con merchants who sell stuff and B) the buyers who don't want to hear the truth. It's kinda hard to be heard above the noise and to sell anything into...
This doesn't seem like a good way "to build a following". Even the top names give loads of stuff away for free online to build theirs. You can only charge for talks and seminars (and webinars?) once you're well-known. With all the free stuff around from the big names, it seems like a non-starter...
You could try creating a course to sell on Udemy or similar. That would bring your people skills into play as you engage with your audience, but you can make the course(s) in your own time and you don't have to actually deal face-to-face with the idiots.
Don't worry if you don't have any course...
We moved house to London recently (after 10 years in Thailand). I was closely watching the properties available before our move. There were all sorts of interesting things - converted pubs, churches, even a police station. I would have loved this type of thing - so much more interesting than a...
There's a problem here, whether you've posted about it before or not, and now you need to solve it. Fretting about it or talking about it won't help that much. You already know what you have to do. Maybe you just need us to encourage you to do it.
Tell him that business is business and legal...
I recently finished writing a guide about buying online businesses. (It's not published yet.) In the course of my research, I read Fred Steingold's book:
http://www.amazon.co.uk/Complete-Buying-Business-Attorney-Steingold-ebook/dp/B005QEQE64/
This is a really excellent book, which I recommend to...