Friday, March 12, 2010

Featured Articles

Selling a Business: How Long Does It Take?

Why does it take so long to sell a business?  Price and terms are the biggest reasons.

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Rating Today's Business Buyers

Once the decision to sell has been made, the business owner should be aware of the variety of possible business buyers. Just as small business itself has become more sophisticated, the people interested in buying them have also become more divergent and complex.

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Buying (or Selling) a Business

The following is some basic information for anyone considering purchasing a business. Is may also be of interest to anyone thinking of selling their business. The more information and knowledge both sides have about buying and selling a business, the easier the process will become.

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Why Sell Your Company?

Selling one's business can be a traumatic and emotional event. In fact, "seller's remorse" is one of the major reasons that deals don't close.

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Why Do Deals Fall Apart?

In many cases, the buyer and seller reach a tentative agreement on the sale of the business, only to have it fall apart. There are reasons this happens, and, once understood, many of the worst deal-smashers can be avoided.

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Buying a Franchise: What It's Worth to You

If you are considering entering the world of franchising, an important consideration is assessing the value of the business. All of the following factors either affect or help determine valuations of typical franchise operations.

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Dispelling a Buyer Myth

Most prospective business buyers really don't know from the outset the exact type of business they want to buy. Experienced business brokers and intermediaries know that many business buyers end up with what is sometimes a far cry from what first captured their imagination.

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What Do Buyers Really Want to Know?

Before answering the question, it makes sense to first ask why people want to be in business for themselves. What are their motives? There have been many surveys addressing this question. The words may be different, but the idea behind them and the order in which they are listed are almost always the same.

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Why Do People Go Into Business?

41% joined the family business;36% wanted more control over their future...

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A Buyer's Quandary

Statistics reveal that out of about 15 would-be business buyers, only one will actually buy a business. It is important that potential sellers be knowledgeable on what buyers go through to actually become business owners. This is especially true for those who have started their own business or have forgotten what they went thorough prior to buying their business.

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Contact Us

7 Schuyler Street
New Rochelle, NY 10801
phone: 914-738-9350
fax: 914-738-2007

Info@synergybb.com
e-mail us

Synergy Business Brokers focuses on selling businesses in the New York Metro area including the Counties of Westchester, Fairfield, Rockland, the Bronx, Manhattan, Nassau, Bergen, Putnam, Queens and more. We market businesses locally, regionally, nationally and internationally using the Internet, print ads, targeted mailings, and our network of contacts.  We can also provide you with an appraisal of the value of a business if you are considering selling or buying a business or dissolving a partnership.

 

We offer you the following:

·  Nationwide Exposure for buyers and sellers of businesses

·  Award Winning Sales People

·  Honesty and Integrity

·  Affiliations with the most prestigious Associations

·  Network of local and national contacts

·  Confidential business sales

·  Experienced negotiators
 

Maintaining Confidentiality

When you are selling a business, we maintain your confidentiality by listing a business in terms that are generic. We do not use the name or the specific location of your business. We discuss the specific needs of buyers and their financial price range. We will only proceed with those buyers that are the most qualified to buy your business. Before providing interested buyers with specific information about your business they will sign a confidentiality agreement.

The Value of a Business

We use sophisticated software that analyzes financial information along with a database of recently sold businesses that are similar to your business to help determine what would be a proper selling price. There are many factors about a business that potential buyers will consider important. Cash Flow is one of the important things that many buyers are looking for. Cash Flow is not the same thing as profit. Cash Flow includes the owners salary and benefits, depreciation, and other non-cash items. We help with the education and positioning of the business so that buyer and seller are both educated about the current and future potential of a business.

Why do people sell businesses?

We know what it takes to build a successful business. We have been there ourselves. Selling a business that you have built and managed is one of the toughest decisions you will make. You may be considering selling the business because you are ready to retire, want more time with your family, would like to relocate, or are ready for a new challenge. If youre ready to make a change for any reason, its better to sell the business while your motivation to run it is high and therefore the business maintains its value.

Contact Us Today

We would like to meet with you for a no cost consultation to determine your needs and discuss how Synergy Business Brokers can help you to buy or sell a business.

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