[caption id="attachment_645" align="aligncenter" width="579"] What Makes a Great Business Business Broker[/caption]
A business broker can be an invaluable asset when you're looking to buy or sell a business. A great broker can make the difference between a seamless transaction and a fru ...
Whether you want to buy a business to flex your creative muscles or just to become your boss, it's crucial to buy at the right time. The most critical performance metric of every business decision is how much return you get on your investment? Following the Great Resignation, many buyers want to ...
With so many businesses available for purchase, weeding out the one that fits your financial and practical goals can be an arduous task. This blog will hopefully provide some good tips that can help you identify the best possible acquisition when looking for a business to buy in 2022.
Targeti ...
After years of working and grinding, your business has become successful and profitable. It’s a big part of your life, and maybe you’re thinking of selling it - or you’re looking for a new investment.
But how much is your business worth? Trying to come up with a figure on your ...
Prospective business buyers often make the terrible mistake of being overzealous when talking with a seller for the first time. I get it; you’re excited. Perhaps you have spent a ton of time looking at listings and do not want to waste any time on potential businesses that fail to meet your cr ...
Posted by Murphy Business & Financial Corporation LLC on
An established business has much to offer a prospective buyer. A proven product or service exists, as well as a customer base. Typically, there are experienced employees and managers in place (and many choose to remain with the company after the sale is complete). There is a cash flow from the first ...
Posted by Murphy Business & Financial Corporation LLC on
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 process more seamless overall.
A buyer wants:
A solid business ...
Posted by Dick Halterman Murphy Business – Shenandoah Valley, Virginia on
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 ...
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 ...