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Buying A Business FAQ

How Much Is My Business Worth?

By Blake Taylor / December 20, 2023

  Determining the worth or value of a business is a critical step in various scenarios, including buying or selling a business, securing financing, attracting investors or assessing the overall health and performance of a company. Ascertaining the true value of a business can be a complex and multifaceted task, influenced by a multitude of…

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What is included in the Sale of a Business - Q & A

What is included in the Sale of a Business – Q & A

By Blake Taylor / July 19, 2022

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…

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Pros of merger a business

The Pros and Cons of Merging a Business

By Blake Taylor / May 18, 2022

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…

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Differences Real Estate Agent vs Business Brokers

6 Differences between Business Brokers and Real Estate Agents

By Blake Taylor / July 9, 2021

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…

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transition after acquiring a business

8 Steps to Transition a Business to Another Owner

By Blake Taylor / May 20, 2020

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…

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

How to Buy and Merge a Business With Mine

By Blake Taylor / October 14, 2019

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 work with business brokers to buy a business

How to work with Business Brokers to Buy a Business

By Blake Taylor / March 28, 2019

Many people get exposure to buying a business on shows like shark tank which shows investors making a decision in a few minutes. The reality is that buying a business is a process that unfolds over time.  Business Brokers can assist potential buyers in this process. We’ll discuss how you can establish good relationships with…

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Questions from the Buyer of your business

Questions that Buyers Ask when purchasing a Business

By Blake Taylor / August 10, 2021

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…

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Should I buy a business or start a new company

Pros and Cons of buying a business vs starting a new business?

By Blake Taylor / June 1, 2023

There are advantages and disadvantages to each choice. So it’s essential to weigh your options when you are trying to decide whether to start up a new company or acquire a business. 1. How much money you have is a factor in whether to start a business or acquire one In most cases, you will…

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Inc. 5000 Color Medallion Logo smaller

Inc. 5000 recognizes Synergy Business Brokers

By Blake Taylor / August 22, 2022

  Synergy Business Brokers is pleased to announce that we are on the Inc. 5000 list of fastest growing companies in the United States for 2022 and 2023. And we are the Fastest Growing Business Brokerage on the list. We are grateful to our clients, M&A brokers, and support staff for making this happen. Inc.…

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mergers and acquisitions definition explained

What are Vertical & Horizontal Mergers and Acquisitions?

By Blake Taylor / April 12, 2021

In 2020, two telecom industry giants — Sprint and T-Mobile — merged in an all-stock deal valued at $26 Billion, making this one of the largest mergers and acquisition events in history. M&A is an excellent strategy for companies to scale up. But what you may not know is that there’s a fine line between…

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Is Buying a Business a good investment

Is buying a business a good investment?

By Blake Taylor / June 3, 2021

Many people want to own a business. But is buying a business a good investment? The answer, of course, depends on the buyer and the business that they are purchasing. It’s important to do your research in determining your strengths and weaknesses and what you can offer to a business that you would purchase in…

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What is EBITDA

What is EBITDA and Why is it Relevant to You?

By Synergy Business Brokers / September 12, 2016

You may have come across the term EBITDA and did not fully understand what it means and also what it stands for. If this is the case, give yourself five minutes and take a closer look because it can be important in the value of your business. Here is what it means and how best…

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Finding the right business to buy

How do I find the Right Business to Buy?

By Blake Taylor / September 21, 2018

When people are trying to find the right business to buy, we are often asked, what business for sale would you recommend? The answer, of course, differs depending on the specifics of each buyer. Narrowing down what might be of interest Every buyer has specific talents, interests, geography, and financial assets. The first thing for…

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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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Retaining Employees During a Merger or Acquisition

Retaining Employees During a Merger or Acquisition

By Blake Taylor / March 19, 2021

Every year, tens of thousands of mergers and acquisitions happen in the U.S. Companies that go through mergers aspire to make their operations more efficient than if they operated as independent companies. Mergers can also open the doors for separate resources to be integrated vertically, giving the combined companies more reliable access throughout the supply chain.…

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What do I need to know to Buy a Business in 2021

What You Need to Know When Buying a Business in 2021

By Blake Taylor / December 15, 2020

    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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