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How 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…

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Things to Consider before deciding to sell my company

There are many things to consider before you decide to sell your business. Some of them are financial, some are emotional, and some involve the business sales process. Having worked with sellers for almost 20 years, we have a lot of insights into this area and can give you some factors to consider before you…

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Is it the right time to sell my company

If you’re a business owner and wondering if the time is right to sell your company, you understand that selling something you have built from the ground up is not an easy decision. We often hear questions such as “How do I sell my company confidentially? How do I get the best price for my…

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buying selling a business social distancing covid 19

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 mid-April. As with anything worthwhile, it is a challenge that can be…

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What is a Business Sale Broker

Are you considering the sale of your business and wondering what your best options are? Perhaps you want to transition into retirement, or maybe you are ready for something new. Whatever your reasons for selling, you probably want to know what would be the best way to go about it. You could try to sell…

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Can I still sell my company with coronavirus covid 19

Coronavirus has captured the attention of people across the globe and for good reason. It is a scary and unpredictable time. However, if you own a business and are interested in retiring, it doesn’t mean that you necessarily need to delay your retirement. If you own a company that has an annual net income of…

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selling a company with monthly 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…

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How do I keep the sale of my business confidential

If you are considering selling your business, you probably are wondering: How do I keep the sale of my business confidential? That’s an important question because you don’t want your employees, customers, competitors, or suppliers to know that your business is for sale. It’s much better to let them know after a deal is completed.…

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Sell Company myself or hire 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…

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how much is my business worth?

If you are wondering, “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…

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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…

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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…

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Calculator

Should I pay an upfront fee for selling my 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…

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Selling 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…

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Synergy Business Brokers blue logo overlay of buying and merging a business.

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…

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How to sell your business 2019

Are you looking to sell your business? While there are many reasons to do so, the process can be complicated without an experienced business broker. One of the first questions business owners ask is how long will it take to sell their company. On average, selling a business can take 6-10 months. However, some businesses take…

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transition after acquiring a business

Every year, over 500,000 businesses change hands. This figure is only expected to increase in coming years as the baby boomer generation retires and sells its businesses. Nonetheless, there are a lot more reasons why people decide to sell their businesses. Purchasing an existing business is an enticing business tactic since it allows you to become an entrepreneur without…

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