Knowing how much money your business is worth is an important part of being a successful eCommerce business owner. By knowing its value, not only will you have a better idea of how much you could sell it for, it will also help you predict your business’ potential value in the future. The truth is that sooner or later, you will have to think about selling your company, and you can’t do this unless you already know how much your business is worth. So if you already know what you need to do then you will have a much easier time figuring out how much you can get for it, which in turn, will help you decide on when to sell your assets.
The good news is that there is now a growing industry for buying and selling eCommerce businesses, and you can easily find valuation professionals who are willing to provide you with free valuation services, such as Digital Exits. However, if you’re not ready to meet with an expert then using this infographic is a good second choice. The infographic features 150 different eCommerce business transactions between 2010 and 2013.
By looking at the data, you will be able to figure out the potential worth of your company, which in turn will allow you to compare your company’s market value relative to other eCommerce businesses. This will then help you come up with approximate selling price for your own business. So, even though valuation from a professional is more accurate, the information below offers a good secondary solution.
This infographic and guest column was submitted to me by Paul Garcia from Digital Exit, a business that focuses on buying and selling websites on daily basis. Behind them, they’ve got plenty of experience with selling and buying websites for large and small sums of money. They do specialize in eCommerce businesses, blogs, software and general websites.