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Selling A Business – Frequently Asked Questions

Synergy Business Brokers on the Inc 5,000 list 2022

Synergy Business Brokers is honored to be part of the prestigious Inc 5,000

By Blake Taylor / August 15, 2023

  For the 2nd year in a row, Synergy Business Broker has been recognized as an Inc. 5,000 honoree. Companies that have been on this list over the years include Microsoft, Dell, Timberland, LinkedIn, FaceBook, Under Armour, Pandora, Zillow, and more. We are proud to be recognized among the other top companies in the country…

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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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what is a business broker fee?

What are the Fees for Selling a Business?

By Blake Taylor / July 27, 2021

You have worked long and hard to build up your business, and now you are thinking of retiring. 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 or a retainer fee, and some only…

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What Happens To The Money In The Bank When I Sell My Business?

What Happens To My Business’s Money When I Sell My Company?

By Blake Taylor / July 8, 2021

Technically anything can happen to your business’s cash based on the terms of your sale agreement or sale contract. However, you probably want to know what usually happens with your business’s money when you sell it. What is typical does depend on the size of your company. If your business is selling for less than…

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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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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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best middle market business broker for selling my company

Who is the Best Middle Market Business Broker?

By Blake Taylor / July 2, 2021

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…

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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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How to sell your business on bizbuysell

Should you advertise your Business for Sale on BizBuySell yourself?

By Blake Taylor / July 2, 2021

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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How to sell a business that has debt.

Can I Sell A Business With Debt?

By Blake Taylor / July 8, 2021

Acquiring debt is sometimes part of running a business. You need to spend money to make money. Many business owners accumulate large amounts of outstanding debt when they first start a business. As the business starts to provide a return on its investments, the debt can be paid off. But what if you are ready…

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Protecting yourself when selling your business

How to Protect Yourself When Selling Your Business

By Blake Taylor / April 2, 2022

You’ve built your company from the ground up and have successfully led it through the ups and downs over the years. Now, you’re ready to do something different, whether that’s trying a new industry, pursuing another passion, or retiring. You want to sell your business so a new owner can carry on its legacy. You…

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how much is my business worth?

How much is my Business Worth?

By Blake Taylor / August 23, 2020

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…

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how long does it take to sell a company

How long does it take to sell a company?

By Blake Taylor / May 1, 2021

          How Long Does It Take To Sell A Business? Many business owners want to know how long it will take to sell their company. While no one can give you an exact amount of time, we’ll discuss some of the factors that go into the length of time it takes…

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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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should I sell my business in 2023

2023 is a good year to sell a profitable business

By Blake Taylor / February 28, 2023

If you are thinking of selling your business in 2023, you are probably wondering whether now is a good time. There are a lot of concerns about the economy. Inflation is at a 40-year high, and many economists are predicting a recession. However, some companies are thriving, and we have buyers interested in acquiring these…

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Should I sell my business myself or hire a business broker?

Should I Sell My Company Myself or Hire A Business Broker?

By Blake Taylor / August 21, 2021

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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checklist for selling a business

Checklist for selling a business

By Blake Taylor / March 15, 2022

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…

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Best United States Business Brokers.

List of the Best Business Brokers in the United States

By Blake Taylor / May 10, 2021

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…

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How to sell my business fast

How to Sell a Business Quickly

By Blake Taylor / December 12, 2020

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…

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