The most important and fundamental thing you can do to increase the purchase price of your company is to increase the sustainable cash flow or Seller’s Discretionary Earnings (click here). After that there a number of things that you can do: the self-serving answer is to make sure you hire a profe ...
By Murphy Business & Financial Corporation LLC
The biggest financial transaction in a private business owner’s life is likely the sale of his or her business. Although many transfers are predetermined, others result from unplanned events, which is why it is essential for business owners to ...
There are many ways to increase the value of your company. As we discussed before, for the most part “buyers buy cash flow.” Therefore, the best way to increase the value of your company is to increase the quality and amount of your sustainable cash flow (one-time gimmicks or accounting tric ...
Great Forbes article highlighting the alignment of three key factors making it advantageous to sell now: low interest rates, $1.2 trillion in private equity dry powder, and the coming boomer retirement wave.
Forbes Article ...
Seller’s Discretionary Earnings (“SDE”) is a common, and highly correlated, metric used in valuations of companies with enterprise values less than $3 million +/-. For companies with values above $3 million, adjusted EBITDA (Earnings Before Interest, income Taxes, Depreciation, and Amortizat ...
By Murphy Business & Financial Corporation LLC
Ho-hum, you may be thinking. Or, boring. Maybe even, when can I possibly fit this into my hectic week?
As an entrepreneur, you are an extremely busy individual who probably shoots from the hip more often than not. So, do you really n ...
The true answer is a company’s value is what a buyer is willing to pay and a seller is willing to accept in an arm’s length transaction. In determining the starting point, or asking price, a valuation will be performed on the company that takes into account the financial trends and opportuniti ...
Question of the Week: What is the process to sell a company?
The process is different for every company depending on the structure and type of buyer, but all transactions follow the same general outline: planning, marketing, deal making, and closing. At Murphy, we further break down the pro ...
By Murphy Business Broker – Shelly Stansfield
The growth or lack of growth in the economy is a current debate. So, if you are one of the Baby Boomers who weathered the 2008 economic crisis and still in business, let's consider your situation.
You are labeled a "Baby Boomer" because you are n ...
Question of the Week: How can I speed up the process of selling my company?
A: Much of the timing of the sales process is out of the Seller’s hands, but there are a number of things that you can do as a Seller to minimize the overall time to sell your company and the time the ball is in yo ...
Question of the Week: How long will it take to sell my business?
A: While every business and situation is different, plan on at least a month for us to work together to prepare the marketing material on your company (including an opinion of value and a detailed confidential business review). ...
Forsyth County's population grew at 1.04% in 2014 and Guildford County grew at 1.02%, both ahead of the North Carolina overall rate of 0.97%. More than doubling the state rate were Mecklenburg County (2.02%) and Wake County (2.43%), making it one of the fastest growing counties in the nation.
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By Business Broker Russell Cohen
Murphy Business & Financial Corporation LLC
When you’re hoping to sell your business there are a number of things to be concerned about. There are a few ways you can get a step-up on your buyer and anticipate their moves before they have thought them up th ...
Good news for business owners looking to sell their companies. Jobless rate in the Triad continues to fall as the economy improves as reported in this Winston-Salem Journal article: http://goo.gl/XtD9zz ...
How often do you find yourself looking for that important – yet somehow misplaced – piece of paper? Do you promise yourself that you’re going to become better organized, but find the days, weeks and months slipping by with too much work to do and not enough time to start that new fil ...
Natural disasters may hit at any time of the year, but the recent wildfires in Colorado and derecho (line of violent thunderstorms) that cut a path across the Midwest and mid-Atlantic have made Americans aware that the atmosphere is often very unstable during the summer months.
Have you ...
