Category: Business Information

Growth Through Acquisition

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Posted by Jennifer Hendrickson on

Businesses grow in one of two ways: organically or by acquisition. Growing organically means that you grow slowly but surely over time as the demand and money allows. When you grow by acquisition, you buy another company and absorb them into your organization. Growing by acquisition can be a great b ...
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Valuation Reasons

Business Information For Sellers Sell Sell a Business Selling Selling a business Valuation Valuing

Posted by Jennifer Hendrickson on

Do you know what your business is worth?  I mean, really know?  Most business owners think they have a good idea what their business is worth, but often it is only an unrealistic expectation.  Sometimes they shortchange themselves, other times they tend to think it’s worth more ...
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It’s a Small World

Business Information

Posted by Jennifer Hendrickson on

I was at an international convention a few weeks ago and was asked if we can do business valuations in other parts of the world like Europe and Asia.  YES!  While we primarily work with companies in North America, the Murphy Business team is able to work with other currencies and pull comp ...
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Close the Gap

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Posted by Jennifer Hendrickson on

Let’s say that the last few years haven’t been kind to the earnings of your business.  Sellers know they have a great business and that it will rebound in the coming years.  Buyers get that vision, but aren’t willing to pay for it up front.  Therein lays the “v ...
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Never Stop Learning

Business Business For Sale Business Information Buy a Business Buying a business For Buyers For Sellers General Business Sell Sell a Business Selling Selling a business Small Business Valuation Valuing

Posted by Jennifer Hendrickson on

I recently attended the national Murphy Business conference in Palm Coast, Florida.  The beach was nice (although it rained the whole time) and the opportunity to network with other business brokers across the country is a big draw, but the biggest benefit is staying up-to-date with all the lat ...
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Partnership Pitfalls

Business Information

Posted by Jennifer Hendrickson on

You, like many Americans, just might be entrepreneurial.  The idea of being your own boss, selling a product or craft that you make yourself, or providing a service to other people or businesses, is tantalizing.  You also know that starting a business is easy and so is failure.  We ha ...
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Walk a mile…

Business Information Buy a Business Buying a business For Buyers For Sellers Sell Sell a Business Selling Selling a business

Posted by Jennifer Hendrickson on

My husband is, among many things, a trained classical musician and he’s often asked to explain the difference between a violin and a fiddle.  “It depends on whether you’re buying it or selling it,” he says - and he’s not wrong.  A buyer wants to depress the fi ...
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