By Brandon Mack
The M&A Source and the International Business Brokers Association recently updated their survey results for the second quarter of 2016; the report included 378 respondents. In the last part of this series, we will analyze how the types of businesses that make up the market ha ...
By Brandon Mack
Recently, the M&A Source and the International Business Brokers Association updated their survey results for the second quarter of 2016; the report included 378 respondents. This is the second part of a three part series where we will examine how the market is changing in term ...
By Brandon Mack
Recently, the M&A Source and the International Business Brokers Association updated their survey results for the second quarter of 2016; the report included 378 respondents. This is the first part of a three part series where we will examine how the market is changing.
Curr ...
6 Overlooked Benefits of a Company Valuation
By Meghan Daniels, Axial | July 26, 2016
Most business owners seek a valuation for their company when there’s an immediate need — they’re ready to sell or raise capital now, or they have a shareholder that is being bought out or gifting ...
By Brandon Mack
The M&A Source and the International Business Brokers Association (IBBA) recently published the results of their first quarter 2016 Market Pulse Report based on 370 survey respondents. Part 1 we examined three questions: Is it a buyer’s or seller’s market, how long does ...
By Brandon Mack
The M&A Source and the International Business Brokers Association (IBBA) recently published the results of their first quarter 2016 Market Pulse Report based on 370 survey respondents. In this second part of a three part series, we will examine the reasons why a business is ...
By Brandon Mack
The M&A Source and the International Business Brokers Association (IBBA) recently published the results of their first quarter 2016 Market Pulse Report based on 370 survey respondents. In this first part of a three part series, we will examine three questions: Is it a buy ...
Research conducted by the Kauffman Foundation shows that entrepreneurship is on the rise among the ages of 55 – 64, where age and experience can be more beneficial than in the job market. Here's a nice article by George Meszaros, Co-founder of Success Harbor on the advantages of starting a busine ...
by Ron Buck
Your existing accountant is your first choice if they are experienced in transactions of this nature. If not, ask them for recommendations as they will still be an integral part of the transaction going forward (particularly in providing historical financials and updates).
There ...
Latest USA Today poll addresses issues small business owners care about: economy, technology improvements, access to credit, and barriers to growth.
Click Here for Article ...
By Business Broker Russell Cohen | Murphy Business & Financial Corporation LLC
Anyone selling a business should be considering the elements of the sales process. Business brokers are invaluable in each of these considerations:
Think It Through – Know What You Want
Do you want t ...
By Murphy Business & Financial Corporation LLC
We recently presented a wish list for a typical seller of a small business. Now, it’s the buyer’s turn.
Entrepreneurs – whether they are buyers or sellers – generally agree on several factors that make the business transfer p ...
By Murphy Business & Financial Corporation LLC
When you begin to negotiate the sale of the business, you will be much better off if you have developed a personal plan and have prioritized which items in the deal are the most important to you and which items you can compromise on and still acc ...
When you begin to negotiate the sale of the business, you will be much better off if you have developed a personal plan and have prioritized which items in the deal are the most important to you and which items you can compromise on and still accomplish your objectives.
Prioritize which items are ...
I’ve noticed a recurring theme across many business owners that is seriously dampening the value of their companies – that is, running personal expenses through the company. Perhaps unknowingly, they are doing just that – giving up $2 to save 30 cents.
Certain types of personal expenses ...
When selling your company, a good attorney can help make your transaction go smoothly while protecting you from unnecessary legal risks. When looking for an attorney, start with one that you are comfortable with and have used before. The first question to ask your existing attorney is if they exp ...
By Dick Halterman
Murphy Business – Shenandoah Valley, Virginia
From time to time, I am in the unfortunate position of telling some 50-year old business owner that they “just don’t have any goodwill”. “But we have been around forever, or our name is like a household word in the commun ...
From time to time, I am in the unfortunate position of telling some 50-year old business owner that they "just don’t have any goodwill". "But we have been around forever, or our name is like a household word in the community, or we literally have thousands of customers"&nbs ...
by Murphy Business & Financial Corporation LLC
(edited by Murphy Business Broker Ron Buck)
Here are some of the obvious, and not so obvious, steps you can take as you get ready to sell your business:
Clean the premises
Organize the books and records
Deal with any customer/vendor/emp ...
You've spent a lifetime building up your business. Whether you have always planned to move on or are selling your business due to the continuing pressures exerted by the many recent economic downturns, you will be looking to achieve the greatest profit attainable for your efforts.
That is why i ...
