Avoiding Business Buying & Selling Mistakes
Sell Your Online Business With Flippa
Access expert guidance and the technology you need to list, market and close your deal.
With over 12 years in business acquisitions and valuations, David Barnett shares critical insights about buying and selling businesses, drawing from his experience as a business broker, banker, and advisor.
His mission: helping people avoid bad deals.
David specifically discusses some common mistakes he sees both sellers and buyers fall into and how you can avoid them.
Sell Your Online Business With Flippa
Access expert guidance and the technology you need to list, market and close your deal.
400,000+ Weekly Active Buyers
20+ Multi-language Brokers
Seamlessly Negotiate and Receive Offers
Integrated Legal, Insurance, Finance and Payments
The Reality of Small Business Sales
David shares sobering statistics about business sales: most small businesses never sell, with approximately 80% of listed businesses failing to find buyers.
This often stems from unrealistic pricing and seller expectations.
Many owners reject reasonable offers because they’ve emotionally attached to higher valuations that don’t reflect market reality.
Online Business Perspective
While online businesses might seem more straightforward than traditional ventures, David notes several crucial considerations.
The line between online and traditional business continues to blur, and online operations require significant time investment despite perceptions of passive income. He particularly warns about platform dependency risks, such as sudden changes in affiliate rates or algorithm updates that can dramatically impact revenue.
Rather than simply looking for profitable businesses, David advises buyers to seek opportunities where their expertise can add value.
This might mean finding businesses with fixable problems or platforms that enable expansion into new markets. He emphasizes considering existing cash flow over startup potential, as established revenue streams provide more predictable returns.
Connect with David
Connect with David at his website or YouTube channel at:
Website: davidcbarnett.com
YouTube: https://www.youtube.com/@DavidCBarnett
Sell Your Online Business With Flippa
Access expert guidance and the technology you need to list, market and close your deal.
400,000+ Weekly Active Buyers
20+ Multi-language Brokers
Seamlessly Negotiate and Receive Offers
Integrated Legal, Insurance, Finance and Payments
Nick Chi spends his time writing and connecting with Flippa's audience through the Daily Newsletter, Humans of Flippa podcast, and Flippa's social channels.
He loves connecting with interesting entrepreneurs and learning about what makes great businesses, drawing inspiration from each conversation to help the Flippa community thrive.
Success Stories
Built. Scaled. Exited with Flippa
Hear from business owners and entrepreneurs who have bought and sold online businesses on Flippa.
Calculate your repayments and returns with Flippa’s seller financing tool.
Keep up with the latest from Flippa
Subscribe to our blog and get free tips, advice, and resources delivered directly to your inbox.
Need Help?
We understand that buying or selling a digital business isn’t easy. If you have any questions or require assistance, feel free to contact us anytime.
Contact Customer Support
Search our knowledge base for answers to common questions.
