Review on BizBuySell by Olugbenga Ajayi
Bizbuysell, a platform where buyers of biz meets sellers
BuzBuySellis a platform where buyers of business meet sellers. It has been around since 1996 and is located in San Francisco, USA. Among the positive changes brought into the world by the advent of the internet is e-commerce which allow buying and selling of any items to take place easily and seamlessly online.
With BizBuySell it is possible for every business to sell businesses as if selling a car and it is possible to buy a business likewise.
The website has everything well laid out. There are many categories of businesses including communication and media, agriculture and many more.
The only issue i have is that many people are still skeptical about doing business online particularly when large sum of money is involved but this should not hinder people as proper procedure that protects buyers and sellers are guaranteed. Another issue is that most will likely prefer a first hand knowledge of the business they want to buy believing that if the business is good and lucrative as claimed, the owner will not sell it.
Pros
- Easy platform for buying and selling existing business
- Has been in existence for over a decade
- It has a lot of business categories which can ne searched out easily
- Website graphics design and layout is on point
Cons
- Most people are skeptical of using the platform because of distrust in online stuff. This is because of the the knowledge of lots of scam that are takingnplace online and particularly since lots of money is involved mostly from the side of buyers
- It is generally believed that lucrative business will never be sold bybits owners. This believe could also hinder demand
