This is the 8th part of our 10-part series on How to Sell an Online Business.

In this episode, we discuss what the closing process looks like when you go to sell your online business. Generally what we see is these five components:

1. Set up and Fund Escrow
2. Draft and Review Legal Documentation
3. Execute Documents and Begin Transferring Assets
4. Release Escrow Funds
5. Provide Post-Transaction Support

Something to mention is the closing process varies from business to business and varies greatly from buyer to buyer, but we highly suggest getting an attorney involved to look over the final documents.

We would like to give a huge shout out to Cody Kimbell for creating our theme song. Check him out if you are in need of any audio work:
– https://www.codykimb.com/
– https://lilkimb.bandcamp.com