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Mark Daoust
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How Clean Financials Actually Improve Your Website's Value.

It might seem overly simplistic, but how you present your website's financial statements actually has an impact on its value. Clean, well organized financials improve your value while disorganized, messy financials can crush its value.

When building clean financials, there are three principles to follow: separated, detailed, and verifiable. This article explains more.

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Forbes takes a look at 5 innovations that will transform the 10 years in ecommerce. Find out what to expect! http://onforb.es/1zqezP2 #innovation #ecommerce

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People often tell you to "do what you love", but is this good advice? Amanda Raab says "Not necessarily". You can try to search and find a business that you are passionate about, or you can build businesses that allow you to live a life pursuing what you are truly passionate about. The difference, in her opinion, is significant.

So forget the niche for a bit, and start focusing on whether you can work "on" your business instead of "in" your business.

http://buff.ly/1ABebgh

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Are all brokers misrepresenting their client's financials? +Bryan O'Neil wrote an article yesterday to that effect. Today, I wrote my response...

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"Taxes, death, and childbirth! There’s never any convenient time for any of them." Taxes are unavoidable when you sell your online business. Planning for your tax liability can significantly reduce how much you have to pay when the time comes.

In this blog post, I talked to Jeff Hawywood, CPA and asked him 5 questions about taxes on the sale of an online business.

Do you know how to allocate the purchase price to reduce your tax liability? How much do you pay on a financed portion of the sale? These and other questions are answered...

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Kris Jones has lived the entrepreneurial dream: he started a business, struggled, pivoted, and built an Inc 500 and eventually sold his business for millions.

Fortunately for us, he wrote a great piece in Inc magazine in which he lays out 10 lessons that he learned. I loved the article. There were 3 lessons that really stood out, however: 

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I recently wrote a piece of Search Engine Journal on 19 lessons I've learned about selling websites. The list is a bit random, and I'm sure I missed some. Any that you can think of?

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Sometimes the things that we dread doing the most are things that we find boring. Yet every business has areas that aren't "fun". How do we challenge ourselves to face these 'less-than-fun' aspects of our business? What value does it add to your business? 

What are areas of your business that you have found difficult to embrace? How have you overcome that dread of facing them?

http://www.isoosi.com/blog/three-ways-embrace-boring-add-value-site.html

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How good is your due diligence system? Next Tuesday at 2pm EST we will be covering how you can develop and improve your due diligence system.

http://www.quietlightbrokerage.com/webinar/

Wow, surprised to hear that elance and odesk are merging. I've used both but settled on odesk recently. 
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