Online vs real world businesses

***New Video Alert!
Trace wants to know the difference between online businesses and real-world ones.
Finance, operations and will there be a buyer for his business when he’s ready to sell?
Which one has the greater potential for trouble?
Watch this week’s video here: • Online vs real world b...
Cheers
See you over on KZbin
David C Barnett
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[@MsDjacobs]

David Barnett's insights resonate with my experiences. Having been a significant player in the printing business, where I was one of the largest sellers of printed catalogs pre-2013, his analogy highlighting the parallels between online businesses and those catalogs is spot-on. Transitioning from the traditional printing industry to my work as a software industry business broker, I've gained a deep understanding of both worlds. The notion that people buy businesses to earn a living reflects my experience working with multiple business buyers. Like the world of bricks and mortar, the online realm requires a full-time commitment from the business owner. I've had the privilege of assisting clients in navigating these dynamic landscapes, and David's perspectives and insights are spot on from my experience.

[@DavidCBarnett]

Cheers! I remember I knew a guy who owned a catalogue order business. He ran ads in dozens of magazines to get people to call in and request the cataloges. Huge efforts.

[@AndrewEydt]

Thanks David. Good discussion. True concerns on prevalence of traffic and transaction fraud online.

[@DavidCBarnett]

Yes, you have to be careful.