One of the scariest steps for buyers (and sellers) can be migrating the business from the old owner to the new.
What if you make a mistake and lose traffic/rankings/earnings? What if you put yourself at risk and end up getting scammed?
In this episode, Ace and I sit down to look at the various steps involved with migrating an online business from the seller to the buyer. We cover issues from transferring the money, domain, and assets to verifying you actually received what you purchased. We even take a look at the horrible situations where a buyer might be forced to back out of the deal.
If you’re looking to make a purchase and wondering about the steps and process in the final stages, this is the episode for you.
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Listen To The Full Interview:
What You’ll Learn From This Episode:
- First Phase: Transfer Period
- Money Transfer
- Domain Transfer
- Website Transfer
- Other Accounts
- Second Phase: Inspection Period
- Goal 1: Did You Get Everything?
- Goal 2: Verify Quality and Metrics
- Third Phase: Signing Off
- What To Do If Things Go Bad? (Backing Out)