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Reasons Business Owners sell company

10 Reasons why business owners decide to sell their company

By Blake Taylor / April 30, 2019

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…

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selling a company with monthly recurring revenue

Buy or Sell a Company with Recurring Revenue

By Blake Taylor / March 3, 2020

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 to write an effective ad to sell your business

How to write an effective ad to sell a business confidentially

By Blake Taylor / November 4, 2020

We will discuss some of the effective ways to write an ad to sell your business. If you are considering using the services of Synergy Business Brokers, it will give you an idea of our thought process. We work closely with our clients, so the more educated you are, the better off our collaboration will…

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How To Attract Qualified Buyers To Your Business

By Blake Taylor / December 20, 2023

  What makes a company attractive to buyers? How do you identify qualified buyers? Are there risks to selling a business on your own? How do you protect your interest when negotiating with potential buyers? You have probably asked these questions if you are a business owner looking to sell your company. Business owners may…

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What Is a Business Broker and What Do They Do?

By Blake Taylor / December 20, 2023

  Learning how to pick a business broker can help your company sell to the right people. Explore what a business broker is, what they do, how they can help your business and what the advantages are to using a business broker’s services to help sell your business. What Is a Business Broker? If you…

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How to handle your emotions when selling your business

How to handle your emotions when selling your business

By Blake Taylor / September 4, 2020

Emotions come into play in most things in life. However, selling your business is likely to generate more emotions than most other experiences. This is because you usually have spent a lot of time working in your company and have a lot invested financially and psychologically.  The sale of your company may represent the largest…

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sell company to children or use business broker

Should I give my business to my Children or sell the business?

By Blake Taylor / July 2, 2019

Many business owners dream is to pass down a successful business to their children. If your children have experience in your business and are qualified to run it, then this might be your best option. However, with a decision this important, you want to make sure that it is the right decision. Transitioning a business…

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Choosing the right business broker or M&A firm

How to Find the Right Business Broker to Sell your Company

By Blake Taylor / February 11, 2020

Finding the right Business Broker or M&A firm to sell your company is an important decision. There are many good Business Brokers and M&A firms out there, but just because they’re good doesn’t mean they are the right fit to sell your company. In the 11 tips below, we’ll give you some ideas on how…

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best buyer for my company

Who is the best buyer for my Company?

By Blake Taylor / November 25, 2019

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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Things to Consider before deciding to sell my company

8 Things to consider before you decide to sell your business

By Blake Taylor / August 13, 2020

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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Business broker asking if you are ready to sell your business

The Psychology of Selling Your Business – Are You Ready?

By Blake Taylor / April 2, 2021

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…

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Is it time to consider selling my business

7 Clear Signs You Should Consider Selling Your Business

By Blake Taylor / November 18, 2020

The COVID-19 pandemic forced businesses across the country to close temporarily, impacting their profitability. Whether or not your business was considered essential, many industries were affected by the economic shutdown that occurred in 2020. The economic uncertainty in the U.S. is currently only one of the many reasons that people consider selling their business. The…

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sharks

Shark Tank & Selling a Business

By Blake Taylor / September 12, 2018

Many business owners watch Shark Tank and wonder how this might apply to their business when they are ready to sell. Shark Tank can be a great place to get exposure for your business while also getting an investment. It is a popular show and has helped a number of business owners to grow their…

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Sell Your Successful Business.

Why You Should Sell Your Business When It Is Successful

By Blake Taylor / June 22, 2021

Sell Your Successful Business My business is seeing great success; why would I sell it now? There are actually a lot of benefits to selling your business when it is seeing large-scale success. Selling a company at its peak is the most financially rewarding and the easiest time to sell your business. Why Would I…

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Sell your large business.

Effectively Selling A Large Company

By Blake Taylor / June 21, 2021

How To Sell A Large Company Selling a big business can be daunting. When a company has a multi-million dollar annual income, every decision your business makes can have rippling effects on the value of your business. Whether your large company is run by a board of directors, a board of investors, a partnership, or…

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sell business and retire

Transitioning from Business Ownership to Retirement

By Blake Taylor / September 28, 2018

Retiring From Owning Your Own Business If you are in your 60s or 70s and own a business, you may be thinking about retirement at some point. But for many business owners, this can be a scary thought. What do you do with all of your time? Will you miss running the business and seeing…

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Office meeting and discussion.

Defining Goodwill

By Synergy Business Brokers / April 25, 2017

You may hear the word “goodwill” thrown around a lot, but what does it really mean? When it comes to selling a business, the term refers to all the effort that the seller put into a business over the year. Goodwill can be thought of as the difference between the various tangible assets that a…

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buying selling a business social distancing covid 19

Buying or Selling a Business during the COVID-19 Recession

By Blake Taylor / April 28, 2020

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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Buying or selling a business in 2021

Buying or Selling a Business in 2021

By Blake Taylor / January 22, 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…

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Can I still sell my company with coronavirus covid 19

Can I still sell my Company in the Era of Coronavirus?

By Blake Taylor / March 18, 2020

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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