Pricing Websites For Sale
Reprinted with permission of VotanWeb.com
As a market leader in existing website sales, VontanWeb receives many questions about valuing websites. It always amazes me how some website owners come up with the value of a website being sold. No wonder many websites never sell. In many instances no consideration is given to the total picture. Will the available cash flow of the website be able to pay the debt of a loan to purchase the website? Will the website as priced be attractive to financing sources?
I have seen many “professional website valuations” where the price just doesn’t make sense – and sellers wonder why buyers are not standing in line to purchase their website.
Market Approach
There is a solution that is grounded in the fundamentals of economics, and time tested in the marketplace, where the influences of supply and demand ultimately determine where a website belongs on the price scale. One economist explains this market approach by comparing a business to a machine which has the purpose of making money: The more money it makes, the more it is worth. This is why there is greater demand for very small and profitable websites with few hard assets, than there is for large, popular and high maintenance websites that generate a huge cash flow, but can’t make a living for its owner.
Adjusted Net Income
The first category of information needed is called adjusted net income, and is the total amount of cash produced by the “money machine.” Of course, this figure includes the website profits and the owner’s salary. It’s important to remember that the adjusted net income should also include all of the many cash-related benefits which are enjoyed by the website owners. Those benefits may include the use of a car owned by the website, the website-paid premiums for health, life and auto insurance, website paid memberships to country clubs and spas, travel and entertainment expenses that are actually vacation and taking the wife out to eat expenses. Don’t forget expenses for high speed internet and cable TV that are needed for the website but also provide entertainment for the whole family. There are many, many other hidden personal expenditures in any typical website business, subscriptions to magazines, gifts for your wife and girlfriend and similar “business expense” categories. Interest expense should also be added to adjusted net income, along with accounting entries—such as depreciation and amortization—that can divert money to the owner’s pocket so that it never appears on the bottom line of the P & L.
As a Christian counselor, we have the power of the Word on our sides, but so many of us do not understand how to properly apply scripture into the counseling relationship in an effective manner. In Interventions that Apply Scripture in Psychotherapy, Garzon (2005) attempts to accomplish the following; educate individuals on the various techniques one can use to apply scripture, and to encourage and stimulate God ordained creativity in the hopes to create new techniques and methods for applying God’s Word in the counseling relationship.
Psychobabble: The Failure of Modern Psychology and the Biblical Alternative by Dr. Richard Gantz is an excellent book for anyone interested in pursuing a ministry in biblical counseling. It is indispensable for understanding the conflict between Biblical counseling and the theories of man. Dr. Gantz’s book can be a very important tool to returning to God’s view of man in counseling and rejecting man’s self-aggrandizing coddling views.
Malcolm X was particularly firm in his opinions of the nonviolent strategies advocated by Martin Luther King, Jr. During a November 1963 address, Malcolm ridiculed the theory that African Americans could achieve their freedom nonviolently. "The only revolution in which the goa...
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He explains that the counselor should only use either implicit or explicit approaches if it serves the needs of the client, but they should rely on guidance from the Holy Spirit (Tan, 2007, pp. 102-103). Even though Tan discusses the use of prayer and scripture in therapy, he does not believe that it would be beneficial for all clients. He believes that this “may not be appropriate with more severely disturbed or psychotic clients…” (Tan, 2007, p. 104). A counselor should complete an intake interview that would predict if this is an appropriate approach to use within the counseling process. Tan explains that the integration of prayer and scripture in therapy would be best for clients that are suffering from anxiety, depression, anger management issues, and possibly
A competent counselor only requires professional training, but the Christian counselor would need that as well as “The Spirit of the Disciplines” to have the substance of spiritually sensitive counseling that goes deeper than technique (McMinn, 2011, 15). Confronting dominant views of Mental health is another challenge, meaning that there are other views and conversations on the methods used by Christian counseling. If the Christian counselor is not careful the Rational-Emotive Therapy (RET) that McMinn share about Albert Ellis’s an outspoken atheist relativistic worldview. McMinn states that “we can bend Christian assumptions to conform to existing techniques, but at some point our belief system snaps, and we are lift with only theistic scraps saturated by artistic definitions of mental health” (McMinn, 2011, 17). Establishing a scientific base is also a challenge for Christian counselors. In order for the Christian counseling theory can be accurately understood among secular professionals must use the language of science that are most common among these professions. And lastly, defining relevant ethical standards is a challenge for the new frontier of
... By having them journal their prayers to God daily and encouraging them to read these entries frequently to refresh the memories of those prayers and seek for those that are answered allows for each client to find their way to a spiritual understanding that is not necessarily demonstrated by my impact, but that of God Himself. I am available to answer questions that pertain to the bible, but allow clients to interpret the teaching to their lives and recovery. These approaches allow clients to not rely on my experiences, but on their own encounters and knowledge. Gently guiding them to hear and see how God works in a client’s life is a rewarding and satisfying experience.
The concepts are; Prayer, Scripture, Sin, Confession, Forgiveness, and Redemption. The question of prayer has always been somewhat controversial in the counseling arena. One may ask” Should counselors pray with client before a session begin? Some will say yes, because prayer is crucial to every Christian practice, however, others will say no, feeling that counselors should stay away from including spirituality in counseling. (McMinn, 2011 p.77) McMinn states that there are seven different types of prayer Christian counselors can implement while counseling clients. McMinn (2011) concludes that praying silently or outside counseling sessions is not harmful to the client. The second concept McMinn addressed is Scripture use. Although the use of scripture is controversial among some persons, McMinn (2011) stresses the it is a powerful tool and it is our most important technique of perceiving who God is( p.
FASB Statement of Financial Accounting Concepts (CON) 5, Recognition and Measurement in Financial Statements of Business Enterprises, set forth the historic guiding principle to revenue recognition. Pursuant to paragraph 83, for revenue to be recognized it must be (a) realized or realizable and (b) earned. Revenues are “realized” when products, goods, services, or other assets are exchanged for cash or claims to cash. They are “realizable” when related assets received or held are readily convertible to known amounts of cash or claims of cash. Revenue is “earned” when an entity has “substantially accomplished what it must do to be entitled to the benefits represented by the revenues.” SEC Staff Accounting Bulleting (SAB) 104, Revenue Recognition issued in December 2003 provided additional guidance to when revenue is realized or realizable and earned setting forth four basic criteria: (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the seller’s price to the buyer is fixed or determinable, and (4) collectibility is reasonable assured.
The cost of an “everyday low price” toy: $19.95. The cost of a Rolex watch: $2,465. A great paper explaining why corporations put these prices on products: priceless. Wal-Mart has become the leader in “everyday low price” pricing, and the number one retailer has brought many businesses to their demise because of their pricing strategy. Recently, Wal-Mart has expanded their sales niche to the toy department putting many specialty toy stores near or completely out of business. This paper will discuss how Wal-Mart priced their line of toys, why Wal-Mart used toys as “loss leaders” to attract customers, and two alternate methods of pricing marketers can use based on demand and reputation.
According to Professor Clark of APSU, “Accounting has changed more since 1980 than in the previous 4000 years” (Clark, 2016). The prime reason for this exponential growth in the last 35 years or so is the impact the internet has had on all of our lives. As access to the internet grows, more small businesses will be able to grow. The technology, access and speed of the internet will need to continue to match the exponential growth of the technology that uses it. So far, that seems to be the
Business models are possibly the most discussed and least understood facet of the web. Brokerage models, such as Priceline.com are market makers: they bring buyers and sellers together to facilitate transactions. Priceline.com leads the way to a unique new type of e-commerce known as a "demand collection system". Priceline.com is the world's first online buying service through which consumers name the price they're willing to pay. Leveraging the unique attributes of the Internet, Priceline.com finds sellers willing to meet buyers' needs and price.
Global warming is also referred to as climate change. Climate is a measure of the average pattern of variation in temperature, humidity, wind, precipitation, and other variables in a given region over a period of time. The climate of Earth has been noticeably increasing since the Industrial Revolution (School, Climate Change, 2014). Scientist can tell climate change using a couple of different kinds of methods. A couple of the methods that these scientists use are looking at tree rings and observing ...
Global Warming is a condition caused by greenhouse gases and human activities. The increased concentration of greenhouse gases due to activities such as deforestation and fossil fuel burning is causing the Earth’s atmosphere and oceans to warm up. As a result of this, global warming has some serious effects in the shape of extreme weather, species extinctions, and rising sea levels. These effects can contribute to the changes that are taking place all over the world, most of which are dangerous enough to pose a threat to the survival of life on Earth in the future.
Global warming refers to an unequivocal and continuing rise in the average temperature of earth’s climate system (Wikipedia 1). it was discovered a long time ago around the year 1869. Global warming is primarily caused by a problem of too much carbon dioxide (causes of global warming 1). Carbon dioxide (co2) is harmful to many things a very small amount of it can kill a human. Carbon dioxide survives in the atmosphere for a long time. It won’t affect just our generation but it will affect many generations and climates after we die (causes of global warming 1). I believe that climate extremes would trigger a meteorological chaos. Some of the major contributors to global warming are green house gases, particulates and soot ,and solar activty. Thoughs are some major causes but there are still hundreds more left. The green house effect is the process by which absorption and emisson of in fared radiation by gases in a planets atmosphere warm its lower atmosphere and surface. It was proposed by joseph fourier in 1824 and discovered in 1860 by john tyndall. Human activity ever since the industrial revolution has increased the amount of greenhouse gases in the world. (wikipedia 3). One of the first things scientists have learned...