Category: Selling a business

From Listing to Closure: Understanding the Phases of Selling Your Business

Selling a business

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Selling a business is a significant endeavor that requires careful consideration and planning. It involves navigating through various stages, each with its challenges and opportunities. Understanding the complexities involved in this transformative process is crucial for achieving optimal results. W ...
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4 Common Pitfalls to Avoid When Selling Your Business

Selling a business

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Selling a business is a complex undertaking that demands meticulous planning and strategic execution. In the realm of business transactions, the art of selling demands more than just finding a willing buyer. It requires a strategic approach that anticipates and mitigates potential pitfalls. Understa ...
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How a Business Brokerage Company Can Transform Your Business Sale Experience

Selling a business

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Selling your business is a significant decision that involves a complex process. If you want to maximize the value of your business and ensure a smooth sale, working with a professional business brokerage company is the key. In this article, we'll explore how these experts can transform your busines ...
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Think Like a Buyer When Selling Your Business

Selling a business

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When it's time to start selling your business, it's crucial to approach the process from the perspective of a buyer. This shift in mindset can significantly impact the success of your sale. To attract the right buyer and secure the best deal, you must consider what potential purchasers are looking f ...
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Finding the Right Buyer for Your Business

Selling a business

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[caption id="attachment_682" align="aligncenter" width="300"] Finding the Right Buyer for Your Business[/caption] Greetings, esteemed business proprietors! When it comes to hitting the sell business button, it's not merely about chance – it's about precision honed by a century of experience. Th ...
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The Pros and Cons of Selling Your Business: What to Consider

Selling a business

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  [caption id="attachment_664" align="aligncenter" width="300"] The Pros and Cons of Selling Your Business: What to Consider[/caption] Selling your business is a significant decision that can have a profound impact on your financial future and personal life. While it may bring opportuniti ...
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Common Mistakes to Avoid When Selling Your Business: Lessons Learned

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[caption id="attachment_263" align="aligncenter" width="300"] Common Mistakes to Avoid When Selling Your Business: Lessons Learned[/caption] To sell your business is a significant undertaking that requires careful planning and execution. Whether you're retiring, pursuing new ventures, or simply l ...
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Negotiating the Sale of Your Turnkey Business: Tips for a Smooth and Successful Transaction

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[caption id="attachment_652" align="aligncenter" width="300"] Negotiating the Sale of Your Turnkey Business: Tips for a Smooth and Successful Transaction[/caption] Selling a turnkey business can be a complex process that requires careful negotiation and strategic planning. As the owner, your ulti ...
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3 Tips on Creating a Business Exit Strategy From the Start

Selling a business

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[caption id="attachment_383" align="aligncenter" width="300"] 3 Tips on Creating a Business Exit Strategy From the Start[/caption]   Planning for the future is essential for any business owner, and this includes considering an exit strategy. A business exit strategy outlines how an entrep ...
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3 Intangible Assets to Factor in When Selling Your Business

Selling a business

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When selling your business, it is important to consider not only its tangible assets but also its intangible assets. Intangible assets are non-physical assets that can add value to your business and make it more attractive to potential buyers. In this article, we will discuss three intangible as ...
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What to Expect When You Hire A Business Broker

Selling a business

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If you're considering buying or selling a business, it's essential to have the right professionals on your team. A business broker can help facilitate the sale or acquisition of a business and provide invaluable guidance throughout the process. In this article, we'll discuss what you can expect ...
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Types of Buyers for Your Business

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Many business owners think of their business as the child of their hard work and perseverance, and for good reason. This sentimental attitude towards the business means you don’t want the wrong person taking over after you sell. Keep reading to find out what types of buyers you can expect to e ...
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Business Tips | Prepping Your Business for The Market

Selling a business

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Selling your business is an important emotional and financial decision. Luckily, you can make the process easier on yourself and your finances by following established best practices. Keep reading to learn more about prepping your business for the market in 2022.  Know Your Worth What’s the ...
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Buying and Selling a Business | Common Terms

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During the process of buying and selling a business, there is a good chance you will hear terms you have never heard before. Some of these terms are integral to making the selling of your business as smooth as possible. Keep reading to find out what these terms are and how they affect the busine ...
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Is it Time to Sell Your Business?

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Is it time to sell your business? Deciding whether or not it's time to sell a business is a much-debated topic. With so much up in the air and many different factors involved, it's difficult to determine if the time is right to sell or not.   The main question is, "How can you sell yo ...
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Murphy Business Broker Explains the Process of Selling Your Business Step by Step

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Posted by Business Broker Russell Cohen | Murphy Business & Financial Corporation LLC on

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 to retire completely or continue to have a hand or profit in the business? Do you want to move ...
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Small Business Seller’s Wish List

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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 ...
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Develop a Negotiation Strategy when Selling a Business

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Posted by Murphy Business & Financial Corporation LLC on

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 ...
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Think Like a Buyer When Selling Your Business

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Posted by Business Broker Russell Cohen - Murphy Business & Financial Corporation LLC on

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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Hire A Business Broker When Selling A Business

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Posted by Business Broker Russell Cohen Murphy Business & Financial Corporation LLC on

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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