Posts by Blake Taylor
2023 is a good year to sell a profitable business
If you are thinking of selling your business in 2023, you are probably wondering whether now is a good time. There are a lot of concerns about the economy. Inflation is at a 40-year high, and many economists are predicting a recession. However, some companies are thriving, and we have buyers interested in acquiring these…Read More
How to Protect Yourself When Selling Your Business
You’ve built your company from the ground up and have successfully led it through the ups and downs over the years. Now, you’re ready to do something different, whether that’s trying a new industry, pursuing another passion, or retiring. You want to sell your business so a new owner can carry on its legacy. You…Read More
Should 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 More
Checklist 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 More
The Pros and Cons of Merging a Business
When deciding to merge multiple businesses together is the right move for you and your companies, it helps to examine the pros and cons of mergers. Understanding what’s at stake and the potential advantages your decision can have will help you choose the right option for your business. Let’s take a look at the pros…Read More
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 More
What 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. 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 or a retainer fee, and some only…Read More
Who is the Best Middle Market Business Broker?
Are you considering selling a middle-market company? If so, you are probably looking for the best business broker to handle the sale of your middle-market company. Before discussing who the best lower middle-market business brokers are, we need to know what the lower middle market is? In most cases, the middle market is defined by…Read More
What Happens To My Business’s Money When I Sell My Company?
Technically anything can happen to your business’s cash based on the terms of your sale agreement or sale contract. However, you probably want to know what usually happens with your business’s money when you sell it. What is typical does depend on the size of your company. If your business is selling for less than…Read More
10 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 More
How 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 More
How long does it take to sell a company?
How Long Does It Take To Sell A Business? Many business owners want to know how long it will take to sell their company. While no one can give you an exact amount of time, we’ll discuss some of the factors that go into the length of time it takes…Read More
How much is my Business Worth?
If you wonder, “How much is my business worth?” or “What is the actual value of my business?” We will help provide some guidelines for how companies are valued. We also provide a business valuation to the companies we help sell. Our years of experience selling businesses for their optimal value have allowed us to…Read More
What is included in the Sale of a Business – Q & A
There are many different things that can be included in the sale of a business. We’ll discuss what is typically included in the sale price so that you will know what to expect and be prepared to negotiate effectively. When buying or selling a business, many things are negotiable. When a seller is comparing two…Read More
8 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 companies. 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 More
Buy 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 More
6 Differences between Business Brokers and Real Estate Agents
1. Areas of Expertise Real Estate Agents focus on selling physical property and land. They sometimes sell businesses with the property, but it’s not their area of expertise. Business Brokers focus on selling businesses but sometimes sell the property with a business. If you are selling both your business and your property, you should get…Read More
What’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 More
Questions that Buyers Ask when purchasing a Business
After marketing your business for sale, you now have interested buyers. Those buyers will have questions before they purchase your business. And, before you speak with the buyer you want to be prepared for the questions that they might ask you. If you are an interested buyer, below is a great resource on questions to…Read More
Should you advertise your Business for Sale on BizBuySell yourself?
BizBuySell is the largest online business for sale marketplace. We will discuss the benefits and disadvantages of advertising your business for sale on BizBuySell without a Business Broker. As one of the top Business Brokers in the Country, Synergy Business Brokers has used BizBuySell as an advertising vehicle for over 18 years. Advertising on BizBuySell…Read More