We heard a story recently that has been stuck in our heads ever since. A business owner was asked the question we ask all the time: "What would happen if you got hit by the proverbial bus?" Before he could answer, his wife quickly spoke up. "I'd just shut the business down." What a sh
READ MORE »Over the last several years, business owners have navigated one wave of uncertainty after another. Inflation, rising interest rates, labor shortages, supply chain disruptions, banking concerns, and ongoing geopolitical tensions have all created questions about what the future may hold. As a resul
READ MORE »When Melanie went through a recent training with the Exit Planning Institute, she learned a stat that has stuck with our team: 75% of owners say they regret selling within a year. Not because they sold for too little. Not because the deal went bad. Because they didn’t know what they were wal
READ MORE »The team at Murphy Business of Cape, a full-service business brokerage firm, was recently recognized with four awards from Murphy Business Sales: two Multi-Million Dollar Club awards, Top Producer, and Top Franchise. With more than 160 franchise units and 225+ business brokers across the United Stat
READ MORE »Spring brings a lot of sports activity: March Madness for college basketball, Opening Day for Major League Baseball, and the Masters. All the sports talk got us thinking. In business, just like in sports, there are times to play offense and times when a strong defense matters just as much. Nowher
READ MORE »Most business owners don’t wake up one morning thinking, “I should get my business valued today.” Usually, something triggers the thought. A banker asks a question you can’t quite answer. A friend sells their company for more (or less) than expected. Your financial advisor asks, “H
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