Is buying a domain name the same as buying a website business?
No. A domain name is only an address. A website business also has content, traffic, accounts, customers and income that someone has to hand over. Before buying, work out which of these you are actually getting and how each will be transferred to you.
People search for how to buy a website and land on a domain registrar. The two are different purchases. A bare domain is a name you can point at anything. A website business is a working operation that happens to live at an address. Knowing which one you are after keeps you from paying for a name when you wanted a business, or the reverse.
What a bare domain gives you
You get control of a registration, usually through a registrar account or a transfer. Check who the registrant is on record, whether the registry sets any conditions on who may hold that ending (confirm with the registry), and what the name’s history looks like. A name once used for something else can carry old links and a poor reputation with search engines. That is worth checking before you rely on it.
What an operating site adds
A site that earns money brings content, a hosting set-up, analytics, email lists, advertising or affiliate accounts, supplier relationships and perhaps customers with open orders. Each piece sits in someone’s account, under someone’s terms. Ask the seller to show the traffic and revenue records directly from the source accounts, not from screenshots.
What to ask for in the handover
- Every login and the right to change each one
- Ownership of the content, images and any code
- Customer and subscriber data, and the permission to use it
- Social accounts and the business name tied to the site
- Help from the seller for a set period after the sale
Mechanics of moving the pieces are covered in how to transfer domains and software licences when buying a business. To check a seller’s claims first, see how to check a business’s online presence.
Related reading
15 pages on the same subject, grouped by topic.
Legal
Buying
- GuideBuying a software business in Canada
- Expert answerDo a plumbing company’s phone number, website and online reviews come with the sale?
- Expert answerWho owns the code when you buy a small software company?
- Expert answerHow does escrow work when buying or selling a YouTube channel?
- Expert answerWhat should I check before buying a YouTube channel?
- Expert answerWhere can I buy a blog?
- Expert answerHow do I assess a website portfolio that has many small sites in it?
Due diligence
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Canadian Intellectual Property OfficeGovernmentA guide to copyright
- 04Canadian Intellectual Property OfficeGovernmentTransfer ownership
Deavo is an advertising and listings platform, not a brokerage, law firm or valuation firm. This page is general information, not legal, tax, accounting or valuation advice, and rules differ by province. Confirm anything you rely on with a qualified professional before you act on it.