How to Buy an in South Africa Business
What is an online business?
It is a kind of business that can be done remotely from the comfort of your house.
What are the various types of online business for a beginner?
1. E-commerce store.
2. Affiliate marketing
3. Social Media marketing
4. Blogging
5. Travel Consulting
6. Freelance writing
7. Audio and video Transcription
What types of online businesses should you buy?
1. SaaS brands
2. Ecommerce companies
3. Dropshipping brands
4. Affiliate sites
5. Mobile apps
6. Productized services
7. Blogs/content sites
8. Subscription businesses
9. Digital product businesses
What should you look for when buying an online business?
1. Consistent financials
2. Existing positive reputation
3. business’s current operations
4. Consistent website traffic
5. Future customer base
6. General feedback from customers
Where can I buy an online business in South Africa?
1. Flippa
4. BlogsForSale
6. Digital Exit
7. Latona’s
Do online businesses need to pay taxes in South Africa?
Online businesses in South Africa will still need to pay taxes
What are the examples of E-commerce website that are popular in South Africa?
1. Shopify
2. Portmoni
3. WooCommerce
4. Ecwid
5. Shopstar
6. Magento
7. Prestashop
8. Smart Watches
What are the most purchased online goods in South Africa?
1. Apparels
2. Jewelry
3. Shapewear
4. Pet food and accessories like cat beds
5. Laptops
6. Men’s grooming product
7. Headphones
8. Hand bags and bagpack
How can I buy an online business in South Africa?
1. Go to www.flippa.com
2. Click on the chosen item image to see more details.
3. Click on “Buy it Now”.
4. Click “Register” to create an account in order to buy your item.
5. Select delivery location, date and time.
6. Finalise payment by entering your debit/credit account details.
