Advantages of Buying an Existing Website


Length: 492 words (1.4 double-spaced pages)
Rating: Excellent
Open Document
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Text Preview

More ↓

Continue reading...

Open Document

Advantages of Buying an Existing Website

Reprinted with permission of VotanWeb.com

With any new website you have two challenges: developing the product or service and then seeing what if anything, people are willing to pay you for it.

Regardless of a website's past performance, an existing website will, at the very least, have a history from which you will be able to make certain decisions. Even if the website was not profitable in the past, your strengths may lend themselves perfectly to turning it into a viable venture. Furthermore, you have the ability to verify what the website did in the past that resulted in the current status of the operation.

Pros:
The website is 'up and running' already.
It is likely to have an existing client base.
The previous website owners are likely to lend support and goodwill.
There is a tried and tested website formula to emulate.
The website can be sold on by yourself.
Generally more chance of success than starting a similar website from scratch.

Cons:
A large investment is often required,
Website transfer costs i.e. lawyer, analysis, accountant etc..
A large amount of time required to research the opportunities available.

Ease of Investigation
In order to buy the right website, you will be required to do a thorough investigation of its past activities, its operations, its current status, the competition, the industry and its future potential. You will accumulate this information and then you will have to determine how it measures up with you at the helm. Clearly, this information gathering will be substantially more accurate and easier to obtain when dealing with an existing website, as you will have the resources available from which to get the details.

Infrastructure
You will have the benefit of purchasing a website that has an infrastructure including customers, suppliers, servers, and systems. This will allow you to focus on building the business as opposed to a start up or new website where everything begins at ground zero.

Purchase Price Differences
Buying an existing website does not mean that it will cost you more. In fact, many times it's less expensive than launching a new website. Even in those cases where it may require a premium, at least you know what you are getting if you investigate it properly. A new website will require a whole series of studies that will indicate that "theoretically' the website should do well.

How to Cite this Page

MLA Citation:
"Advantages of Buying an Existing Website." 123HelpMe.com. 20 Oct 2017
    <http://www.123HelpMe.com/view.asp?id=8940>.
Title Length Color Rating  
Essay about Buying an Existing Website - Buying an Existing Website Have you considered being your own boss, creating your own financial independence and making your own dreams a reality. You're not alone, owning your own business is the "American dream". But the reality is that buying a business is a serious financial and personal commitment that requires an understanding of what makes a business successful. All too often, new owners jump blindly into a business venture, overwhelmed by the tremendous workload of starting a business from the ground up....   [tags: Sell Website] 539 words
(1.5 pages)
Strong Essays [preview]
Using VotanWeb to Buy an Existing Website Essay - Using VotanWeb to Buy an Existing Website Reprinted with permission of VotanWeb.com Have you considered being your own boss, creating your own financial independence and making your dreams a reality. You're not alone, owning your own website is the new "American dream". But the reality is that buying a website is a serious financial and personal commitment that requires an understanding of what makes a website successful. All too often, people jump blindly into a new venture. Before they know it, they are overwhelmed by the tremendous workload of starting a website from the ground up....   [tags: Sell Websites Buy Websites] 381 words
(1.1 pages)
Strong Essays [preview]
Considerations When You Buy an Existing Web Site Essay example - Considerations When You Buy an Existing Web Site Reprinted with permission of VotanWeb.com Almost everyone in the business of selling new websites offer impressive presentations projecting future sales and growth, but it's really just an educated guess about what may happen with any particular website in a given market niche. When all is said and done, all projected revenue and earnings on a new website are, to a certain extent, just hanging on a hope and a prayer. If you want to greatly improve your chances of success on the internet then should buy an existing website....   [tags: Sell Websites Buy Websites] 590 words
(1.7 pages)
Strong Essays [preview]
How a Family Could Shop for Their Groceries Using a Website Essay - How a Family Could Shop for Their Groceries Using a Website Mrs George has to prepare a lesson for school about shopping on the Internet and discusses it with her family. They have just started to use the online service. Research and produce a report describing how a family could shop for their groceries using a website and discuss the benefits and limitations this might bring to the family and society. Your report should consider the effects on: * The family * Supermarket management and their employees Online Shopping: Systems that provide a secure environment for browsing and purchasing products over an on-line service, such as America Online or vi...   [tags: Papers] 2964 words
(8.5 pages)
Strong Essays [preview]
Financing the Purchase of an Existing Website Essay - Financing the Purchase of an Existing Website Reprinted with permission of VotanWeb.com If you're thinking about buying a website, you'll be pleased to learn that financing the purchase is generally quite easy. In fact, it's far simpler to get the money you need to buy an existing website than it is for a start up. Most people simply don't realize how to do it. Don't get the wrong idea: you're not going to buy a business, at least a good one, with no money down; that only happens in the infomercials on TV....   [tags: Sell Websites Buy Websites] 479 words
(1.4 pages)
Strong Essays [preview]
An Overview of the Website Buying Process Essay examples - An Overview of the Website Buying Process Buying a website: It's a brand new ball game Unless you've bought or sold a website in the past, you'll find that buying a website can be a confusing and even trying experience for the unprepared. That's why it's important for you to take the time to read this explanation of the process. Even if you're a veteran in website transfers, understanding the process will assist you in working with our firm. Getting Started: Questions and more questions The search for a website almost always starts with a visit to a web site like the one we host at Votan....   [tags: Sell Website Buy Web Site] 1528 words
(4.4 pages)
Strong Essays [preview]
Steps When You Purchase an Existing Website Essay - Steps When You Purchase an Existing Website Reprinted with permission of VotanWeb.com The search for a website to purchase almost always starts with a visit to a web site like the one we host at VotanWeb. Sometimes the prospective buyer has a very definite idea of the type of website wanted. But, often the website buyer is a first time buyer and is still in the formative or exploratory phase of the search. Many first time buyers wonder what kind of website is best for them to purchase. That's a tough question to answer without some idea of the buyer's resources, skills and needs....   [tags: Sell Websites Buy Websites] 1040 words
(3 pages)
Strong Essays [preview]
Advantages of Career Cruising Website Essay - Career Cruising is an informational website and available at participating schools, public libraries, and employment agencies across North America. This program is intended to direct individuals towards appropriate career choices based on specific criteria, such as education, training and previous experience. Individuals can find this information database self-directed, user friendly and rewarding while presenting a variety of options to meet their personal needs. Not only does it offer assistance for the perspective individual in career development, but also on SAT/ACT preparation, online study guides, interview strategies and seminars by promoting growth and effective career opportunities....   [tags: Marketing] 668 words
(1.9 pages)
Better Essays [preview]
Excellent Websites to Assist You in Buying a New Car Essay - Excellent Websites to Assist You in Buying a New Car By overcoming any fear about buying a car online, consumers can get that dream car for a great price, safely and securely - possibly even for a better price than offline. Are you in the market for a new or used car. Would you like to get some advice on safety ratings for certain cars, fuel efficiency, or trade- in value. If so, the fueleconomy.gov/feg/ and Carsdirect.com could have the answers to all of your vehicle- related questions and more....   [tags: Sell Websites Buy Web Sites]
:: 2 Works Cited
1146 words
(3.3 pages)
Strong Essays [preview]
Office Supply Business Website Comparison Essay - Office Supply Business Website Comparison The office supply business is one of the most competitive arenas in business today. What started out as something so simple has blossomed into a very large portion of spending by not only businesses but also by everyday consumers. The typical office supply chain targets businesses, both large and small, and consumers which include the person buying an ink cartridge for his printer to the parent who is buying supplies for her home school....   [tags: e-commerce business analysis website] 1283 words
(3.7 pages)
Strong Essays [preview]

Related Searches




However, the only thing the studies cannot guarantee is whether or not you will be successful. Also, complex website can take many months to build. You can avoid all of this when buying a website.

Flexibility in Negotiating
You will have far more flexibility when negotiating the purchase of an existing website versus any other options available; it's not even close! Everything from the purchase price to financing is open to negotiation. Doesn't it make more sense to put yourself into an environment where you have the greatest number of options available?



Return to 123HelpMe.com