Posts by Blake Taylor
List of the Best Business Brokers in the United States
There are a number of lists of the best business brokers in the United States. We’ll provide information on the different lists of business brokers and some of the criteria they use to put business brokers on their list. We’ll also discuss which business brokers’ names show up consistently on the lists of top business…
Read MoreChecklist for selling a business
The decision to sell your business is usually one of the most important decisions you will ever make. So it helps to prepare properly for this with the right checklist to sell your business. With over 18 years of experience in selling companies, we’ll provide a checklist of 10 items to consider when selling your…
Read MoreBuying or Selling a Business in 2021
Despite what many people think, 2021 is a good time to buy or sell a profitable business. In fact, we sold more businesses in 2020 than any other year, and 2021 is shaping up to be even better. We’ll cover some of the reasons why the outlook for 2021 is favorable for buying or selling…
Read MoreRetaining Employees During a Merger or Acquisition
Every year, tens of thousands of mergers and acquisitions happen in the U.S. Companies that go through mergers aspire to make their operations more efficient than if they operated as independent companies. Mergers can also open the doors for separate resources to be integrated vertically, giving the combined companies more reliable access throughout the supply chain.…
Read More2021 is a good year to sell a profitable business
If you are contemplating selling your business in 2021, you are probably wondering whether now is a good time. With a pandemic and recession, many businesses are having trouble. However, some companies are thriving and there is demand for these companies. Synergy Business Brokers has been selling profitable companies for almost 20 years. Our sales…
Read MoreBuy or Sell a Company with Recurring Revenue
If you are thinking of buying or selling a company, you may have heard the term: recurring revenue. But what exactly is recurring revenue? Recurring Revenue is the part of a company’s revenue that is expected to continue in the future. It is not necessarily guaranteed to continue in the future, but it’s much more…
Read MoreThe Psychology of Selling Your Business – Are You Ready?
Deciding to sell your business can be an emotional rollercoaster. People choose to do so for a variety of reasons, such as: You’re ready to retire A new opportunity has caught your attention You’re facing financial hardships due to a difficult fiscal year or divorce You’ve decided to take your life in a different direction…
Read MoreShould I Sell my Company myself or hire a Business Broker?
If you own a company and are thinking about retiring, then you may be wondering: Should I sell my company myself or hire a business broker? You may be deciding whether to pass your business down to one or more of your family members. Some considerations are, do they have the capabilities and interest to…
Read More8 Steps to Transition a Business to Another Owner
Every year, over 500,000 businesses change hands. This figure is only expected to increase in the coming years as baby boomers retire and sell their company. Purchasing an existing business is an enticing business tactic since it allows you to become an entrepreneur without starting from scratch. You get to avoid all the pain points associated…
Read MoreHow much is my Business Worth?
If you wonder, “How much is my business worth?” we’ll provide some guidelines for how companies are valued. If you are considering buying a business, this article also will provide some information on how companies are valued. There are a lot of factors that go into what a company will sell for. We outline some…
Read MoreHow to handle your emotions when selling your business
Emotions come in to play in most things in life. However, selling your business is likely to generate more emotions than most other experiences. This is because usually you have spent a lot of time working in your company and have a lot invested both financially as well as psychologically. The sale of your company…
Read MoreWhat You Need to Know When Buying a Business in 2021
There are many advantages to buying an existing business, one of which is that it is already established. There is a working business model, employees, assets, products and services, and customers already set up. With the foundations already in place, the business’s new owners can pour their efforts into making the acquired venture…
Read MoreWhat’s the Difference between Business Brokers & M&A firms?
If you are considering selling your business, you may be wondering what the difference is between Business Brokers and M&A firms. They both handle the sale of businesses. To make matters more confusing, some advisory firms that handle the sale of businesses are a combination of an M&A firm and a Business Broker. We’ll compare…
Read MoreWhat are the Fees for Selling a Business?
You have worked long and hard to build up your business, and now you are thinking of retiring. The question is, how should you go about selling your business, and what types of fees can you expect to pay? Some Mergers & Acquisitions firms and Business Brokers charge an upfront fee and/or a retainer fee,…
Read MoreHow to Buy and Merge a Business With Mine
When you merge your business with another business or businesses, you consolidate two or more companies into one. You can compare a merger to a marriage. The companies involved in the merger join their assets, staff and other resources together, forming a new legal entity. As with a marriage, things can go well for the…
Read More14 things to do to Sell your Business for the Highest Price
When a Business Owner considers selling their company, one of the things they are concerned with is: How can I sell my business for the highest price? There are a lot of factors that go into how much a business will sell for. Based on 17 years of selling companies, we provide you with some…
Read More10 Reasons why business owners decide to sell their company
Typically the decision to sell a profitable company is not an easy one for a business owner. In many cases, there are several reasons why someone decides to sell. The reason to sell can make a difference in how quickly you want to sell and how long of a transition period you will provide to…
Read MoreSelling your Company: Asset Sale or Stock Sale?
If you are contemplating selling your company, you may have heard the terms asset sale or stock sale. We’ll discuss the nature of each type of sale and describe when a deal might lead to a stock sale versus an asset sale. First, we’ll discuss an asset sale because that is the most common form…
Read MoreWho is the best buyer for my Company?
There are a lot of factors that determine who is the best buyer for your company. Part of it depends on your goals. Some business owners think they know exactly who the right buyer is. However, we find that it is important to keep an open mind. The buyer that you think is perfect may…
Read MoreBuying or Selling a Business during the COVID-19 Recession
With the COVID-19 Pandemic, now is a challenging time for a lot of things, including buying or selling a business. However, the good news is we have helped a number of our clients to sell their businesses since the Pandemic lockdown started in March. As with anything worthwhile, it is a challenge that can be…
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