Yes, selling products, services, and information via the Internet is one of the fastest growing method of doing business in the world today. Millions of people from all walks of life, and around the world are on the Internet, with more and more logging on everyday.
Some of them are grossing millions of dollars, others are chalking up sales figures of several hundred dollars per month, and there are others who only give it a quick try to make a few dollars, and then drop out.
Worried about your job security? Maybe it's time you were the boss. Time for you to buy your income and become a small business owner almost overnight. Buying an established profitable website is like buying your income. When you do this, you are actually piggybacking on someone else's success by purchasing a profitable established business.
Every dark cloud really does have a silver lining because the current economic downturn has created a buyers market for established businesses, especially profitable, established internet businesses.
It's the right time to purchase because in the next 2-5 years you will see an explosion of small Internet websites available for sale and now since too many people are not familiar with buying their income this way, you can find an abundance of websites for sale. Once the word starts spreading, that will change.
When you purchase an established profitable Internet business, whether it's products, services, or information, you're actually shortcutting your way to wealth, the customers are already in place and marketing is also in place.
Some websites are also Search Engine Optimized and on autopilot, which means you don't have to do much advertising or spend a whole lot of time marketing once you've become the new owner.
You're at a great advantage when you purchase an established, profitable internet business because everything is already done for you.
After you purchase the business, it's up to you to keep the cash flow going. Most sellers spend at least 30 days after closing the sale helping out the new owner with the transition.
These businesses are pre-packaged with cash flowing day in and day out. Check our "Websites For Sale" list to see what I'm talking about.
By far, selling information online tops the list as the best Internet business in the world. Why? Well, if you chose to produce info products yourself, you only need to produce it once. There is no inventory and the products are electronically delivered. So there's nothing to ship.
You get paid over and over for work done once and you can have thousands of affiliates sell your products for you and much more. So therefore, an established, profitable website selling some type of e-book, CD, membership program, etc., would be an ideal website to purchase.
Finding the right business to purchase is hard work. However, once you know everything there is to know about purchasing an existing successful Internet business then it's the quickest way to shortcut your way to success and financial independence.
Now, not all established Internet businesses are making a lot of money. Actually some are making very little money, however, they may have tremendous profit potential. Most of the times they are left unattended by the owner because he or she might be busy with other larger businesses, etc., and the owner then decides to sell.
These can actually be some of the best deals because they sell for as little as $500. All they need is some good marketing and that $500 investment can turn into $2,000 monthly and more.
You can find some of the cheaper ones on ebay.com, but you have to be extremely careful as there are more scams on that site than profitable ones.
You can even get a good site for under $500, but you have to be extremely careful and make sure you screen the seller. Make sure that the content is unique. If the content is not unique, then it's a turnkey website and that is not what you want.
There are many turnkey websites for sale on ebay. Don't buy turnkey websites. They are a waste of time unless it's a profitable niche that you can tweak a bit and then add some additional items to the site to make it your own.
Turnkey websites sell for as little as $29.00 because they are sites that were created and duplicated hundreds of times and then sold to hundreds of people. That's why they sell so cheap.
So for instance a turnkey site on "red cars," would be mulipled 1000 times, and just the templates would be different and other minor details and the owner would then sell those sites to 1000 people. Waste of time and $29.00. There would be too many of you out there with the same websites, competing for traffic.
Sites Selling For Mega Bucks
Now there are many of these established businesses that are selling for mega dollars because the owners price them base on the net annual income. For instance some of these businesses net $50,000+ monthly and the owner would price that business for a little over three times the annual net.
So a business netting around $600,000 annually would be listed for about $1,850,000 to $1,900,000. Some sellers would even list higher based on the product or service selling and the future potential of the business.
Now why in the world would someone sell a business earning this type of money? Usually, owners of businesses like these have multiple businesses and are in way over their heads, or they might want to buy a much bigger business. Some might simply want to sell because they want to retire. There are many valid reasons.
Sites Selling At A Discount
There are many businesses that are established, meaning they have been advertised and submitted to the search engines, but they are not bringing in any income.
These are usually great businesses to invest in because they are inexpensive, and you can market them and increase the revenue by 100% or more.
Many of these sites have tremendous profit potential because the customers might be a small niche market of people that are hungry for the product or services being offer by that business.
So going this route, if your budget is small, is the best way to start. Please check out my list of a few of these businesses.
Now I'm sure you would prefer to purchase a business earning $100,000 net annually versus one that only brining in, let's say, $100 daily or nothing at all to begin with. Well, I don't blame you for feeling that way.
I know that in your mind you're probably thinking, where can I get the financing to purchase a business brining in this type of income? You're probably thinking to yourself that if you buy something like this then your financial situation would improve almost overnight. It can, but it still requires work on your part to keep the income flowing after you've purchased the website.