Got bored with hosting? Not reaching your targets? Think you could as well be doing something else? But worried that you are committed to your clients for atleast another year and that your current bank balance will not let you run the servers for another year without any new sales, and sales will increase the term of your commitment?
Sell your company. Waaaat? Sell my company? I spent days and nights together in building up the brand and the client base. My clients know me induvidually. How do I sell my company? How would I make sure that the buyer treats my clients well? How do I make sure that the clients dont miss me?
No big deal. Selling a hosting company is not like selling a Jaguar. If you dont do it in the scale of Hostgator, Dream Host or others, you shouldnt have tooo many clients. Because, if you had tooo many clients, you wouldnt get bored and wouldnt want to look for something else right? Well, lets Imaging you have about 10,000 clients till date. All happy clients, but unfortunately, you did some overselling, and they are all costing you too much now, and you are planning to sell of the whole thing before you get into a loss.
In that case, look for some other company that is in your same scale. About the same number of clients, about the same number of sites, and about the same page rank as yours. Dont even go near the bigger companies with an offer, and they will eat you up and you would get nothing in return. Approach them and negotiate the cost per client that you expect in the sale. You have put in effort and money to bring those clients in and use your servers right? They are worth money to you no matter how close they are to you and how you have been like brothers or sisters.
Once the negotiation is done, just hand over the servers to them, close down everything, and ask them to take care of the bills, collect your money, and walk away. After about a month, mail all your clients thru a mailing list, and tell them all GoodBye, and that a new management has been running the company for the past 3 months.
Reading this, the clients would be pleased and would certainly continue happily if they had not faced any problems during the transition. If they had, and if you send out a mail, there is going to be trouble.
Never tell your clients before hand that you are about sell your company away, and that would start the reduction in the number of people who would contact you for renewals r anything at all, and that would redue your cost per client.
Or, if you think that your company doesnt have any money, and that if you stop now the clients who have paid you might get affected, you immeidately need to contact those bigger fishes, and ask them to take over the clients. They have a stanard rate of $10 per client, so if you have about 1000 clients, you get $10000 out of it, but your brand will be totally gone, and youwill not be allowed to use that in the future.
