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Website business tanked, what to do next??

 
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JackieBlue

posts: 14

Feb 06, 2008 2:05 PM ET    Quote  Report Abuse
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999

JackieBlue10/13/2008 10:36 AM
CraigL

posts: 9051

Feb 06, 2008 11:04 PM ET    Quote  Report Abuse
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Give it up, walk away, and start something new. IF....at a later date you find a way to sell the business that tanked, fine...you can do it then. Meanwhile, as the song says, pick yourself up and get back in the race. :-)
JackieBlue

posts: 14

Feb 07, 2008 10:15 AM ET    Quote  Report Abuse
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999

JackieBlue10/13/2008 10:36 AM
st8ic

posts: 34

Feb 07, 2008 12:42 PM ET    Quote  Report Abuse
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you can put a free ad up on some website trader sites such as...
 
 
 
JackieBlue

posts: 14

Feb 07, 2008 4:16 PM ET    Quote  Report Abuse
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999

JackieBlue10/13/2008 10:36 AM
CraigL

posts: 9051

Feb 07, 2008 7:32 PM ET    Quote  Report Abuse
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Enh...life`s too short. Your business strategy is walk away, write it off, stop wasting time on a dead business. Sure, you could spend another year trying to foist off the business idea or business itself onto someone else. Why? Are you that committed to a dead idea?
JackieBlue

posts: 14

Feb 07, 2008 8:26 PM ET    Quote  Report Abuse
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 999 
JackieBlue10/13/2008 10:37 AM
05mustang

posts: 36

Feb 09, 2008 12:08 AM ET    Quote  Report Abuse
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Jackie,
 
You`ll have to look at your website and objectively determine if there`s really anything of value.  If your site has new functionality that your competitors don`t you may want to keep the code and license it to your competitors. If you`re code is not readily visible by visitors you may be able to protect your code as a trade secret and just skip formal copyright registration altogether.  Either way you`ll be able to license the code with a good licensing agreement.
 
If you don`t have any intellectual property rights you may just want to sell the domain or the site altogether.  I`ve never worked with a broker before, but a straight website sales transaction shouldn`t be too difficult to do.  I`ve negotiated domain name/website sales agreements for cilents before and it usually doesn`t take a lot of time to close.
 
Best of luck!
 
 
JackieBlue

posts: 14

Feb 09, 2008 5:45 PM ET    Quote  Report Abuse
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999

JackieBlue10/13/2008 10:33 AM
scyahoo

posts: 2

Feb 19, 2008 2:35 PM ET    Quote  Report Abuse
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you have a very nasty attitude, its totally unnecessary to sarcastically put down people who give you free advice.  I don`t see the need for such arrogance from someone who has failed over someone who sounds like he has had some success.
You know it all attitude doesn`t appear to be profitable, is it? I have gotten advice myself that I felt was useless, but at least I had the common courtesy to give a short thanks and move on.

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