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Summary
Selling a brick-and-mortar store takes a real estate agent, but digital-first companies need Flippa. As the virtual realtor for online businesses, Flippa listings include blogs, mobile apps, Shopify or Fulfilled by Amazon stores, SaaS companies, and more. CEO Blake Hutchison shares insights on evaluating virtual business assets, factors that impact selling price, current trends in the sale of digital real estate, and how Flippa connects buyers and sellers online.
Topics include:
2:20 - Blake's career journey
5:32 - What Flippa is and how its marketplace works
6:56 - Unique aspects of selling an online business
8:24 - What businesses are best-sellers on Flippa now?
9:52 - Nuances of selling a business on Flippa
11:26 - Four factors that increase valuation
14:42 - Business longevity, net profits impact selling price
17:12 - Documentation buyers will need to see
19:51 - Buying assets only vs. buying organizations
21:19 - Three ways Flippa sales and commissions work
24:04 - Do business owners "flip" companies on Flippa?
How can your business cement its brand online? Learn helpful tips.
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Have a topic or guest to suggest for the show? Submit your ideas to: http://payx.me/thrivetopics.
