Time is Money – Buying Websites Guide

Welcome to part seven of our buying websites guide. Today we will discuss the importance of the time required to run a website, and how the amount of time needed should reflect the value.

We recommend you read through the previous chapters first:

* Everything changes
* Site buying multiples
* Industry importance
* Traffic relevance
* Traffic quantity
* Established Websites

When you run a website you will often be required to take over the daily tasks associated with running and maintaining the site. These can range from adding content, deleting spam, link building, finding new content etc…

All of these tasks require your time, and never forget that time is money!

So when you are looking at buying a site you should look at the amount of time required to maintain the site. For example, if you are buying a new forum that only has a few members, then the amount of time required is going to be huge. But if you are buying an established and automated site then the time required is much less.

Many site sellers will say things like “it only takes an hour a week to maintain”, but remember that there is a big difference between maintaining a site and creating a highly successful site.

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