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Old 03-17-2008, 11:29 PM
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cw1865 cw1865 is offline
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Join Date: Oct 2007
Location: Reside in Riverdale, NJ
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Default Re: buying a website

Just as a tip there are many ways that purchasers of a business can do their 'due diligence' - actually the IRS is 'helpful' in this respect. They publish guidelines on how auditors should be looking at businesses, ie. if you're buying a pizzeria, look at the number of boxes purchased or the pounds of mozarella, for dry cleaners, look for hangers, etc. so on and so forth.

Actually one of the nice things about websites is that most revenue is generated from credit card sales. On a monthly basis statements are generated and sent to the merchant which is a nice third party summary of sales.
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