The Risk Of Selling Your Business On Your Own
Sell Your Company On Your Own As business owners, we take a lot of risks. From purchasing assets when the market is down to trying new things that are out of our comfort zone. Taking risks in business is natural. Starting your business was a risk as well. One risk you probably shouldn’t take is…
Read MoreWhat 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 MoreWho 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 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 MoreList 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 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. We are just coming out of a pandemic and recession, and 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…
Read More6 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 MoreWhat Happens To My Business’s Money When I Sell My Company?
Technically anything can happen based on the terms of a sale agreement for your business. However, you probably want to know what usually happens with your business’s money when you sell it? Typically you keep the money from your business. There are more details to discuss regarding retaining the money your business made. Is cash…
Read MoreWhat Do Buyers Look For In A Business For Sale?
When a person is looking to buy a business, there are various things they look for. Some buyers are looking for an extremely specific business. These buyers can be some of the best buyers because they may pay more if your business fits the specifications they are looking for. Effectively marketing your business for sale…
Read MoreCan I Sell A Business With Debt?
Sometimes acquiring debt is part of running a business. You usually need to spend money to make money. Many business owners accumulate large amounts of outstanding debt when they first start a business before the business starts to provide a return on their investments. Over time the larger debts are paid, and then the business…
Read MoreBusiness Owner Burnout & What To Do Next
Ever since Covid-19, many businesses have been in upheaval. Some managers are leaving, people who have never worked in your industry are starting new careers, people are starting small businesses left and right and many businesses are being listed for sale. What Covid-19 did back in 2020 was provide a moment where people could step…
Read MoreHow to Sell a Business Quickly
The average business takes 6 to 10 months to sell. But every year we sell some companies in only a couple of months, and some businesses take a year or more to sell. If you were wondering how to sell a business fast, we will examine some of the factors that lead to one business…
Read MoreHow 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 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 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 the last 12 months than any other year, and 2021 is shaping up to be our best year yet. We’ll cover some of the reasons why the outlook for 2021 is…
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 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 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 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 MoreShould 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…
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