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Business Plan Basics

Business For Sale

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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 ...
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Business Plan Basics

Buy a Business

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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 need to take the time and effort to put a business plan in writing? ...
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What is my company worth?

Business For Sale

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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 ...
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What is the process to sell a company?

Business For Sale

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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 ...
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SELL NOW OR WAIT?

Business For Sale

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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 ...
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SELL NOW OR WAIT?

Business

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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 now between the mid 50's and the lat ...
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How can I speed up the process of selling my company?

Business For Sale

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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 ...
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How long will it take to sell my business?

Business For Sale

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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). ...
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Forsyth & Guilford growth rates outpace NC in 2014

Business For Sale

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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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Think Like a Buyer When Selling Your Business

Business For Sale

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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 ...
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Think Like a Buyer When Selling Your Business

Buy a Business

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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 themselves. If you want to swim with the piranhas you're going to have to nip a fe ...
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Very Cool Aerial View of Winston-Salem, NC

Selling a business

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Unique aerial view of Winston-Salem, NC.  Photo credits to Sky Pro Aerial, music credits to Mr. RJ Crohn, aka RJD2.  The song is called "A Spaceship for Now." https://www.youtube.com/watch?v=eTlhO_UFhW4&feature=share ...
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Critical Steps to Selling a Business

Selling

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goo.gl/JcHv73 ...
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Hire A Business Broker When Selling A Business

General Business

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By Business Broker Russell Cohen Murphy Business & Financial Corporation LLC Selling a business is a complicated and an intricate procedure. However, business brokers play a fundamental role in getting along the process to make it a successful deal. There are several factors and cautions inv ...
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Hire A Business Broker When Selling A Business

General Business

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Selling a business is a complicated and an intricate procedure. However, business brokers play a fundamental role in getting along the process to make it a successful deal. There are several factors and cautions involved that should to be considered before stepping out to sell your business. Findin ...
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Triad’s jobless rate approaches traditional “full employment”

Business

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As the Triad’s jobless rate approaches the traditional “full employment” level of 5%, the meaning of that data is still in dispute.  Either way, it's definitely better for business owners than a rising unemployment level. http://goo.gl/aizVpJ   ...
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Raleigh in World’s Top 50 For Growth

Buy a Business

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Raleigh recently ranked as the #3 US city for growth and 41st worldwide.  Only four US cities made the list.  This is good news for both potential business buyers looking to relocate to North Carolina as well as business owners preparing to sell their companies in the Raleigh/Triangle area. htt ...
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M&A Advisers Proven to Improve Valuation

Sell a Business

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Nice summary of a University of Alabama study on the value that an M&A adviser coupled with a competitive sales process brings to the business owner selling their company. http://goo.gl/BlxeeJ ...
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Jobless rate in the Triad falls to lowest level in six years

Business For Sale

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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 ...
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WHY YOU NEED A VALUATION

Small Business

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By Murphy Business Broker – Shelly Stansfield   The buzz is that if you are a Baby Boomer and you want to sell your business in the next few years, then you are in the majority. You are not the only Baby Boomer and will possibly have your business compete against many more similar busin ...
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