With the effects of COVID-19 still impacting businesses, it may be hard to find a silver lining. Add the recent problems with the supply change and the picture can become even more disheartening.
However, the delays in early 2021 - and for most of 2020 - have actually given rise to an i ...
As COVID continues to impact every facet of business in America, there is good news for small business owners who are considering selling their operations.
For the third quarter, the media revenue and cash flow for sold businesses both increased over the previous quarter. Unfortunatel ...
COVID-19 just doesn’t want to go away.
While the push for vaccines has yielded positive results, cases are rising across the country - and reports show that the upcoming year will continue to be a challenge.
Obviously the effects of the pandemic have hit nearly every se ...
As many people return to the office in-person, how can you ensure your space is equipped for safe social distancing protocols? Business owners should always be concerned with the health and safety of their employees, so don’t overlook an important aspect to keeping them safe: social distance-frien ...
It’s no secret that COVID-19 has affected many businesses across all industries, especially Brick and Mortar Retail stores. Store-front businesses have traditionally relied on foot traffic and with more people staying at home, Retail has to adapt to the new ways of the world. We’re sharing five ...
Posted by Dick Halterman Murphy Business – Shenandoah Valley, Virginia on
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 given any t ...
Posted by Laura Barbara, Murphy Business Broker on
I have very fond memories of my first “real” job. After all, this was my initial step into the real world: no longer did I receive cash for a few hours of watching someone’s children; I now had my hands on an official paycheck – complete with my social security number, full a ...
Posted by Murphy Business & Financial Corporation LLC on
If I sell the business now, will I get enough money to satisfy my needs?
Will I really improve my personal financial position, or should I wait a little bit longer?
Define priorities: Do I want an all-cash deal, so that I can wash my hands and be done with the business? (This will generally resu ...
Posted by Murphy Business & Financial Corporation LLC on
Today we are offering a wish list for a typical seller of a small business. Entrepreneurs who are selling their companies, as well as those looking to purchase, generally agree on what would make the process more seamless overall.
What the seller wants:
A qualified buyer - This not onl ...
Posted by Murphy Business & Financial Corporation LLC on
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 have an exit strategy.
Operate your business as if ...
Posted by Murphy Business & Financial Corporation LLC on
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? ...
Posted by Murphy Business Broker – Shelly Stansfield on
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 businesses in both model and industry. In order to be well-prepare ...
Posted by Murphy Business & Financial Corporation LLC on
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 filing system o ...
Did you know that your small business is subject to the same regulations as a giant commercial entity? If you find this startling news, you're not alone; most entrepreneurs in the United States assume that laws apply only to much larger corporations.
All companies – small, medium, large a ...