Hidden expenses when buying a website

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today’s answer how do I find out if a seller has forgotten or misrepresented expenses associated with the business well the answer is it’s really a lot of common sense the first thing I would tell you to do is just take a look at the website itself if you see things like 800 numbers customer chat windows free shipping all those are indicators that there’s something at in the delivery of the product or service that has some costs associated with it another thing to do is to think through a transaction from start to finish the ordering of a product of production of the product the delivery of the product the customer service after the product is delivered and think through that product that is being sold or delivered and each of the steps that may include some costs and they may be things that are harder to see like accounts that are paid for or software licenses or other kinds of niceties or services or perhaps even marketing oriented things and those are just some common-sense ways you can think about what are missing expenses or potential missing expenses and then of course deeper and due diligence you should get access to bank statements credit card statements so you can just find any expenses that may have not rolled up into the P&L you’re looking at when you’re evaluating the business for more expert training and tips visit me at own optimized com see there