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_gail -> RE: How much is it worth? (2/3/2003 18:21:28)
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quote:
How can I judge the " worth" of a web site in $? I say this sincerely, Micah. Perhaps if we must to ask a question like this, that is when we need a professional the most. This is something only you can determine. What is costly anyway? It could " cost" if you sell for too little! I think Mike raised all the main questions that need to be asked and answered. When my husband and I sold our business, we had our accountant help us determine a price. The selling price was based on such things as the worth of tangible equipment, supplies and inventory and gross and net income. There are less tangibles with websites so I suspect income and profit will factor a lot in determining price. So will things such as " good will." How much competition you have at the time may also effect asking price. btw, we used a pro to help us determine the value of our business but not to sell it. After we determined the price we wanted, we advertised, sold it on our own and saved one heck of bundle on realtor fees. [:)] What we paid in taxes to Uncle Sam...well, that' s an entire other subject. [:' (] gail
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