To make sure you’re purchasing an online business safely, consider the following:
Carry out thorough research beforehand
Speak to past customers and employees to verify the business model
Check financials and other key documents with a fine-tooth comb
Consult a solicitor or lawyer to help you with the process and paperwork
Ignore aspirational pitches and stick to the facts
Find out why the business is for sale
Speak to suppliers to confirm existing contracts and deals
Be cautious!