{"id":663,"date":"2019-07-31T09:00:07","date_gmt":"2019-07-31T13:00:07","guid":{"rendered":"https:\/\/murphybusiness.com\/blog\/?p=663"},"modified":"2025-05-30T02:52:49","modified_gmt":"2025-05-30T06:52:49","slug":"how-we-sell-a-business","status":"publish","type":"post","link":"https:\/\/murphybusiness.com\/blog\/how-we-sell-a-business\/","title":{"rendered":"How Murphy Business Brokers Sell a Business"},"content":{"rendered":"

At Murphy Business, the process that we use to sell a business has been honed over 25+ years. Our process offers the flexibility that you need to sell on your terms. At the same time, it delivers the rigorous attention to detail you need on a transaction as valuable and complicated as a business sale.<\/p>\n

While Murphy Business Brokers are deeply familiar with this process, most business sellers are not. When you sell a business, the process is kept confidential. Because of this, few business owners know what this process entails.<\/p>\n

At Murphy, we strive to be as transparent as possible about this process and how it works. So if you\u2019re getting ready to sell a business<\/a>, here\u2019s a closer look our system.<\/p>\n

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Stage 1: Preparing to Sell a Business<\/h2>\n

If you want to sell a business, you and your business broker<\/a> need to be on the same page. That\u2019s why Murphy Business brokers never rush clients into engagement agreements.<\/p>\n

Instead, we start with a no-strings-attached initial consultation<\/strong>. This gives us the chance to learn about your business, but also about why you\u2019re planning to sell and what you\u2019re hoping to get out of the transaction. At the same time, we\u2019re able to explain our process for how to sell a business. That way, you\u2019ll know exactly what to expect.<\/p>\n

After your consultation, we\u2019ll perform a broker’s opinion of value or a business valuation<\/strong><\/a>. Some business brokers will often valuate a business by applying a standard multiplier based on the industry. But at Murphy, we know that this is rarely a true reflection of market value. A formal business valuation is performed by a certified valuation specialist, giving you an accurate sense of your business\u2019s market value. This will also help us identify areas where you can increase your business\u2019s value, should you wish to do so.<\/p>\n

Once your valuation is complete, we\u2019ll reconvene to discuss your valuation and your next steps. If you wish to proceed, we\u2019ll complete an engagement agreement <\/strong>and proceed to the listing and marketing stage.<\/p>\n

Stage 2: Listing & Marketing the Business<\/h2>\n

When a client agrees to sell a business through Murphy Business, our next step is to create a custom marketing plan<\/strong> for their business.<\/p>\n

While creating your business\u2019s marketing plan, we have three core priorities:<\/p>\n