Why are you selling the business? This helps buyers understand you and helps them trust whether your business is a good investment.Do you have recurring customers? Businesses with loyal customers are attractive to buyers looking to get up and running immediately.What is your cost of customer acquisition? Here you can explain what it costs to generate sales.What have you done to attract customers? Here you can describe your business's marketing strategies such as advertising campaigns, relationships with social media influencers, or successful email campaigns.Which monthly Shopify subscription plan does your business use?.Describe your relationship with your suppliers.What is your average profit per month? What are your overall profit margins?.Do you dropship or hold the inventory yourself? Buyers want to understand how they can make money from this business. What's included in the sale? Aside from the business itself are there any social media accounts, inventory or domains that are included?.What work have you already put into building your business?.Why did you decide to start the business and how long have you been running it? Not sure what to include in your description? Here are some ideas for things to include that are important to buyers: If you have a private listing, then the proof of performance screenshots are hidden. For example, the photos can include ads that you've created and screenshots of your sales and traffic reports.
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When you're selecting screenshots to use, consider what the buyer would like to know. Make use of the screenshots in your listing. If the sale of your Shopify business includes a custom domain, social media accounts, an email list, and personal support after sale, then you're more likely to find someone to buy it. For more information on creating a listing, refer to Creating your Exchange Marketplace listing. To improve your listing, include information like why you created the business, why you're selling the business, and a summary of the work involved in running the business.
#Xero accounting software profit and loss statemnt professional#
Listings with a detailed and organized description have a better chance of selling on Exchange.Ī professional listing that was written carefully performs better than a listing with missing information.
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The more information you include, the better your chances are of quickly finding a high-quality buyer. Your listing is ultimately what makes anyone thinking of buying a business decide whether or not to contact you and submit an offer when they're ready to buy.Ī lot of the time people looking to buy a business have a specific idea for what they want, so creating a detailed and thoughtful description of your business helps them quickly decide whether your business is right for them. It's important to create a listing for your business that sparks the interest of buyers and help answer their questions. Ĭreating a listing is just like writing a description for your products.