How To Best Sell A Bitcoin Company? Know The Essentials
I’m looking for smart suggestions on what company/software I should use to organize a transaction ledger for an online Bitcoin business I’m launching March 18th, 2013?
You can check the books of the authors for selling of Bitcoin Company. If you want more details, then you can know More about the author who has written the book. The collection of the information about it is beneficial for the people. The performance of the transaction is the best one for the traders for more profits.
I have sold 2 internet companies previously. However, this time around the intended payment method that I plan on accepting for downloadable products will be Bitcoin.
My objective will be to sell the company within 9 to 12 months. In order to do this, I’ll need to provide potential buyers of my company with clear, and accurate transaction records of goods and services sold. In other words, I’ll need to show the buyer my books.
I have been researching aggressively about everything related to Bit coin. I have briefly looked into partnering with Bitpay.com as well. I have heard that Bitpay is taking up to 45 days lately to approve vendors. This is a real drawback for me. I’m really not sure if Bitpay is more than I need on day 1. As well, they don’t share what their requirements for acceptance are on their site.
I have not come across any bitcoin business owners on the net actually sharing or explaining the record keeping they used to keep track of their profits and losses before selling their company. Obviously this is because not that many people have sold a company that primarily accepted BTCs yet.
I became a fan of Bitcoin partially because of the zero barrier to entry, minimal restrictions, and high level of privacy and anonymity it offers.
Since I realize that all potential buyers of the company I create will want to see detailed accounting, coupled with the idea that I’ll want to capitalize on many of the excellent benefits that Btcn offers, I sure could use some expert guidance.
Here is an example: I have read that in the original Satoshi whitepaper, it was recommended that Bitcoin users use a new address for each transaction to avoid the transactions being linked to a common owner.
I have also read that one way to increase anonymity is to use multiple wallets, by installing MultiBit.
Since I really have not seen the inner workings of what popular Btcn softwares offer, I can’t visualize how I should keep track of profits and losses.
The last time I sold a company, it was easy. There was no Btcn. I simply handed my credit card statements to my account and everything was relatively straight forward. This time around, I’m feeling a little lost in not knowing which strategy makes most sense.
So in summary, I need a workable strategy that will allow me to capitalize on the features of Btcn, while still allowing me to keep a ledger that I can present to a potential buyer of my company.
I should mention, this isn’t some willy-nilly dreamed up business idea I thought up last night. I have spent a great deal of time planning out this business which is in a field that I have a great deal of experience in.
In other words, not knowing how I should organize the record keeping, is the only bottleneck to starting my business.