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Challenges to overcome with website flipping business
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[QUOTE="Augusta, post: 276752, member: 25283"] A website flipping business is a simple business model of buying and selling websites but it comes with it challenges which you would need to assess and see how you can overcome them. High competition There's a crowded Space when it comes to website flipping business you need to analyze the market and understand where the demand lies. Longer Sales Process So you need to know the required plan for your website flipping business. You need the skills to predict a longer conversion funnel that will help you stay in communication with potential customers. Security Issues Security is a huge problem with website flipping business as you would be confronted with data loss and security issues. You need to understand how to avoid potential issues No interaction with others This business comes with Isolation as you work alone and do not have much face-to-face interaction with other team members. High Tax payment With website flipping business, you are expected to pay self-employment taxes which is usually high. [/QUOTE]
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