Selling a business online  

Selling a business online has never been easier or more popular than it is today. The increasing amount of business sellers that are now choosing to sell their businesses online has creating a new and exciting marketplace for websites such as The Business Wizard.  

The advantages of selling a business online as opposed to selling through a broker are numerous. By using a business sales website to advertise your business for sale you are able to generate genuine buyer inquiries for minimal cost. A six month listing on The Business Wizard costs as little as AU $99 and when you sell there is no commission to pay!  

Many brokers will charge business sellers for listing the business for sale, and also for any advertising which may be done. When you add these fees to the average commission of between 5% and 15% the amount payable soon begins to add up.  

The hardest part of selling a business is finding the right buyer, whilst many brokers will promote the fact that they have a database of waiting buyers this is not a guaranteed way of generating the right buyer. As a business seller you must question the need for an advertising contribution for the broker if the database is as good as it is made out to be.  

By advertising your business for sale online you open up to not just a local market but also a global market. Many people looking to buy a business may be moving from a different area, or even a different country. Many of these buyers may not have access to local advertising media used by brokers, and may not be able to find your listing on the brokers website if it is not correctly marketed for the internet.  

The Business Wizard has been created with both sellers and buyers in mind. The low cost and easy to use listing features make The Business Wizard the perfect place for selling a business online. Unlike some of its competitors The Business Wizard protects the confidentiality and privacy of its business sellers. Although personal information is required when listing a business for sale this information is never passed on to buyers, or any other third party. When you have an inquiry about your business for sale you will receive an email from us which will contain a message from the interested person and all of their contact information.  

This secure system ensures that our sellers only receive enquiries from registered buyers and it also gives them the opportunity to contact the buyers at a time which is convenient. Many business sellers that we spoke to when building the site had told us how frustrating it can be to get lots of phone calls at inconvenient times from people who are not genuine interested buyers. Anyone that has listed a business for sale in local media will know all about this! When selling a business online with The Business Wizard you can rest assured that this will not happen.  

Another advanced seller feature is our email alert system. During buyer registration we collect information about the type of business that the buyer is seeking. When you list your business for sale with us we will automatically email all suitable buyers as soon as your listing goes live. This email will notify the buyer that a suitable business has been listed, and also contains a direct link to your listing. This feature is extremely efficient at generating buyer inquiries quickly and is proving very popular.  

Once you have listed your business for sale with us you may log in and make as many changes to your advert as often as you choose. The initial listing allows you to display as much or as little information about your business as you like. We always advise putting as much information in your advert as possible to give a clear and detailed description of the business and its future potential. By giving the buyers plenty of information at this stage you also ensure that you only receive inquiries from people that genuinely feel that the business is right for them. It will also mean that you have to answer fewer questions which can only be good!  

If you would like more information about selling a business online please contact us.  

To list your business for sale with us please click here to get started.