Artificial Intelligence (AI) seems to be everywhere these days. Literally every week there is another new tool or headline about automation and how it’s changing the way everyone does business. It is easy to wonder if you might be falling behind if you aren’t adopting all these new AI tools.
READ MORE »In towns all across the country, family businesses are part of the community’s backbone. From small manufacturers to service companies to local shops, they all were built by hardworking owners who poured decades of sweat equity into creating something lasting. Many owners hope that they can pas
READ MORE »At Murphy Business of Cape Girardeau, we have deep respect for CPAs, attorneys, financial planners, coaches, consultants, and other professional advisors. Many of them refer clients to us and we do the same because they play unique roles in the lives of our clients. They’re smart, capable professi
READ MORE »The following was originally published by St. Louis Business Journal here. An asphalt paving company in unincorporated West County has been sold to local entrepreneurs. Leritz Busy Bee Paving, a commercial paving business in operation for more than 40 years, has been acquired by Sean and Joanna
READ MORE »As business brokers, rarely do we come across an all-cash buyer. Many buyers rely on some type of financing to purchase a business. The most common financing we see in business buying is SBA (Small Business Administration) loans. Compared to conventional loans*, SBA loans offer lower down payments,
READ MORE »If you’ve read many of our articles, you know we love to talk about how critical it is to maintain strict confidentiality when selling your business. Only a handful of people should know you’re thinking of selling: your spouse, financial planner, accountant, and attorney. This element alone will
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