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Buying 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…

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sell my business in 2021

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. Synergy Business Brokers has been selling profitable companies for almost 20 years. Our sales in 2020 were the best they have…

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Exit Strategy for selling my business in 2021

As you are well aware, the coronavirus or covid-19 pandemic has rapidly transformed the world’s economy and the layout of businesses of all sizes. Not only are more employees working from home, but more and more businesses are using this time to develop their exit strategy to prepare to sell their business. At this point,…

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What do I need to know to Buy 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…

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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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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 March. As with anything worthwhile, it is a challenge that can be…

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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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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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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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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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transition after acquiring a business

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…

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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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Choosing the right business broker or M&A firm

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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How to use digital marketing to sell a business

Digital marketing is great for attracting customers for your business, but did you know it can also help you find a buyer for your business? If you’re looking to sell your business to a suitable buyer, using digital marketing can help you accomplish that goal. You might have any number of reasons for wanting to…

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sell company to children or use business broker

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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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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When is the right time to sell my business

If you own a business, you may have thought about when would be the best time to sell your company. There are a number of factors to consider when deciding on the right time for the sale of your business. First, let’s discuss when not to sell. If you love what you are doing, the…

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