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Why Some Small Businesses Succeed Where Others Fail


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Why Some Small Businesses Succeed Where Others Fail

Hello and welcome to my blog on all topics related to business. I come from a long line of entrepreneurs. I am one of a few members of my family who have not yet started a business, though that doesn't mean I won't try in the future. My name is Stacy Pascal and I have spent years interrogating family members in order to find out everything I can about what it is like to run a business. I have decided to start blogging about business topics just for fun and so that I can hopefully help someone start and run a successful business.

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3 Advantages Of Using A Domain Name Broker

If you have your heart set on using a specific domain name for company or organization, it's discouraging to discover that someone has already purchased the domain name. Instead of waiting for the domain name to become available or settling for another domain name, use the services of a domain brokerage. The domain broker will find out who owns the domain name and take steps to purchase the name from the existing owner. Here are a few advantages of using a domain name brokerage to acquire your preferred domain name. 

1. You Can Maintain Your Confidentiality

You may have concerns about revealing your identity to the owner of the domain name, either due to apprehension about maintaining your privacy or giving the owner more leverage to hold out for a higher price. For example, if the existing domain owner learns that the domain name is a close match to your company's name, they may require you to pay a premium price to obtain ownership of the domain name.

The domain broker will take steps to ensure that your identity remains a secret. The owner will have no clue as to who is trying to purchase the name, helping you maintain your privacy and a strong bargaining position. 

2. You Don't Have to Spend Time on Research or the Negotiation Process

Using the services of a domain broker is an excellent way to maximize time. Your domain name broker will do all of the necessary research to determine who owns the domain that you're interested in purchasing. Then, the broker will take care of all the communication and negotiations required to ultimately purchase the domain name. Buying a domain name from an existing owner can take patience and time; instead of exerting your own scarce resources on a potentially frustrating process, let someone else handle the work.

3. The Response Rate for a Domain Name Broker May Be Better

If someone owns an in-demand domain name, they may receive numerous requests to purchase the domain name. The owner may be more likely to ignore purchase requests from individual or unknown buyers. However, if they see the name of a brokerage firm, they may be more likely to respond to the purchase offer and potentially enter into an agreement to sell the domain name. When a specific domain name is important to the financial well-being of your business, it's a wise decision to do everything in your power to garner attention from the existing owner.