Unlike most brokers, Microacquire doesn’t take a percentage of the final sale as their brokerage fee. This leaves more money in the hands of both the seller and purchaser.
Premium buyers get first access to new listings, allowing them to negotiate with sellers directly before the listing goes public. This allows them to determine the best price for the business.
1. Founder-centric approach
A startup’s team can be just as valuable as its product. This is particularly true when it comes to micro acquisitions, which account for nearly 90% of all tech company acquisitions in 2019. The top tier talent that startups attract can amplify productivity, reduce the learning curve for new hires, and help to accelerate innovation.
Unlike traditional business acquisitions, which often involve complex negotiations and a lengthy legal process, MicroAcquire simplifies the process and makes it more accessible for entrepreneurs. The platform encourages direct communication between buyers and sellers, ensuring both parties have the information they need to complete due diligence.
Microacquire’s listings include important information for prospective buyers, including financial performance, technology stack, customer base, and growth potential. This helps buyers determine whether a given business is a good fit for their investment goals and expertise. Buyers also have access to expert advisors who can help them through the negotiation process. This service is free for both buyers and sellers.
2. Focus on tech and startups
As a platform that connects sellers and buyers of microbusinesses, Microacquire is a valuable resource for both parties. For sellers, the site allows them to showcase their businesses and market them to a wide audience, providing them with the opportunity to sell their ventures quickly and easily.
Additionally, the site does not charge brokerage fees, allowing sellers to keep more of their sale proceeds. Ultimately, this approach is more efficient and empowers entrepreneurs.
In addition, the platform has gained significant popularity within the tech community. Many of the startups listed on the site are software-as-a-service (SaaS) companies, mobile apps, e-commerce stores, and other technology-driven ventures. This focus on tech and startups makes the platform an attractive option for both entrepreneurs looking to sell their businesses and investors looking to invest in promising startup opportunities.
3. Global reach and access
As a business acquisition marketplace, microacquire’s online platform offers a global reach that transcends geographic boundaries. This is beneficial for sellers, who can connect with buyers beyond their local markets, and for buyers, who can explore business opportunities that they would not otherwise have access to.
The process of listing a startup on the microacquire marketplace begins with submitting basic revenue information to create an initial valuation of a company. The valuation is based on revenue from the trailing twelve months multiplied by a multiple. The multiple will vary depending on the industry and product type.
Once a seller has submitted their business, they can begin receiving private inquiries from interested parties. This provides the opportunity for more detailed information to be shared and helps to establish trust between buyers and sellers. This is an important step to mitigate potential issues such as information asymmetry and ensure that the transaction is successful for all parties involved.
4. Knowledge base
A knowledge base is a powerful tool to help deliver a consistent and unified customer experience. It also helps to eliminate gaps and silos in information between departments.
A well-developed knowledge base should have a structure that is easy to navigate and read for customers. This includes a search bar and a clear layout of articles that are clearly organized by topics and keywords. It is also important to provide basic feedback surveys at the end of each article to find out if customers found the articles useful.
Microacquire has gained traction in the startup ecosystem due to its innovative approach to microbusiness acquisitions. It democratizes the acquisition process and encourages entrepreneurs to pursue their dreams. Additionally, it offers services and resources to support users throughout the process. This includes a network of trusted professionals, including lawyers and business brokers. It also provides an online community where buyers and sellers can connect. The platform has also incorporated a knowledge base, which features articles and guides on various aspects of entrepreneurship and microbusiness acquisitions.