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Just Bidding AroundOnline marketplace BizBuyer.com

ByPaul DeCeglie

Opinions expressed by Entrepreneur contributors are their own.

If time is money--or even if it's not--there's a newonline site that can save you both time and money. Designed forsmall and midsized businesses, BizBuyer.com particularly benefitsstart-ups. It reduces time spent sourcing business products andservices, enables you to become operational sooner, and helpsjump-start your business by providing an instant national marketfor your products or services.

In essence, BizBuyer.com is an online marketplace. Entrepreneursdescribe services or products they want to buy, and qualifiedvendors bid to fill those specific needs. In a matter of hours, youcan obtain competitive quotes from pre-screened sellers coast tocoast. In most cases, responses are limited to the first fivevendors who submit bids; however, you can resubmit your request toreceive additional bids. You can review all bids--both individuallyand in a side-by-side comparison table--and contact a vendor toclose or refine the deal. Until then, you remain totallyanonymous.

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