Buying a business – What you need to know about their website

By David Remmerswaal | Wednesday, March 9, 2016

Key questions for acquiring an online presense

If you are looking to buy a business it is likely you have your lawyers and accountants conducting due diligence on the target business’s financials and operations – which is great. One thing many purchasers overlook though is the website of the business they are looking to buy. It is quite common that someone buys a business, tries to gain control of the website to transfer it to their existing or preferred provider and finds themselves walking into a minefield. Worst case scenario is that you have start again with a whole new website, a cost you would certainly like to factor in when making your offer to purchase the business.

We recommend that when conducting due diligence of a business, answers to the following questions are obtained:

If any of these questions are unable to be answered or they are answered in the negative, there is an increased likelihood of the website transfer process encountering problems and being slowed down with increased communication time and technical troubleshooting.

If you are looking to purchase a business it is worth the small financial investment to get the advice of professionals as to whether you are purchasing a business with a website that will make (or cost!) you money.

Author: David Remmerswaal

David is well-travelled, having spent time in Europe, Asia and the Pacific. In his spare time, David enjoys the Rotorua outdoors, cooking, and attending live music shows, as well as spending time as a mentor with Big Brothers Big Sisters Rotorua.

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