E-commerce exit strategies
Exit strategies exist in every business. This means that an exit strategy is necessary when running an e-commerce business. An exit strategy is a way for the owner or founder of the business to leave the company. Some individuals exit strategies are planned after they are planning to retire to the countryside. Some exit strategies occur much earlier and they involve the owner selling the company to a much larger conglomerate or merging with another competitor. Another fantastic e-commerce exit strategy is to go public and list on the stock exchange. This is the most preferred exit strategy among entrepreneurs.
Exit Strategies that involve acquisitions
The best and most popular exit strategy for start-ups is being acquired by another entity. Sometimes this is being acquired by a much bigger firm. As an e-commerce start-up, there is a high rate of acquisitions. The question comes to the question of why you should exit your e-commerce business this way. The main reason why you should exit you e-commerce business this way is the high rate of return on your initial investment. You will first need to grow your business. Most startups never sell their e-commerce business till it has generated some revenue.
If you are running your e-commerce business on Shopify you can sell it on Shopify exchange. Shopify exchange is a platform built by Shopify that is designed for Shopify store owners to sell their business.
If you are running your e-commerce business independently you can sell it on flippa.com. Flippa is an Australian platform where websites and apps are sold.
Exit strategies that involve Initial Public Offering
Initial public offerings is another e-commerce exit strategy. If you grow your e-commerce company to a large enough size you could list it on the stock exchange and offer company shares to the public. Exit strategies are common in the e-commerce sector.