Category: Business

Jingle All the Way to a Merry Sale: Santa’s 10 Step Guide to Selling Your Business with Joy!

Business Business For Sale Business Information For Sellers Sell Sell a Business Selling Selling a business

Posted by Bill White, Jr. Murphy Business – Hudson on

Jingle All the Way to a Merry Sale:  Santa’s 10 Step Guide to Selling Your Business with Joy! In the magical world of the North Pole, where cheer and goodwill abound, Santa Claus has been managing a bustling enterprise for centuries. While his main focus is delivering gifts to children worldwid ...
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Don’t Settle for Less. Find the Right Buyer for Your Business with These 7 Steps

Business Business For Sale Business Information For Sellers Sell Sell a Business Selling Selling a business

Posted by Bill White, Jr. Murphy Business – Hudson on

Once you decide to sell your business, it’s natural to want a big payoff. After all, you’ve spent years of your blood, sweat, and tears building it, so why wouldn’t you want to get as much for it as possible? There’s nothing wrong with that and we aren’t saying you shouldn’t strive to ...
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Why Confidentiality is Important When Selling a Business

Business Business For Sale Business Information For Sellers Sell Sell a Business Selling Selling a business

Posted by Bill White, Jr. Murphy Business – Hudson on

Confidentiality is critical when selling a business because it protects sensitive information from being disclosed to competitors, customers, suppliers, and employees, among others. With our years of experience as M&A Brokers, it’s surprising to see that some business owners think selling a ...
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You’ve bought a business! Here are 7 Ways to Make the Transition Go Smoothly for Existing Employees

Business Business Information Buy a Business Buying a business For Buyers

Posted by Bill White, Jr. Murphy Business – Hudson on

If you’ve ever purchased a business, you know how daunting the transition process can be, especially when it comes to how you handle the existing employees. All changes, whether they are perceived to be good or bad, can create anxiety and concern, so how new ownership handles existing employees re ...
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Doing Your “Due Diligence” Before Selling Your Business Could Pay Dividends

Business Business For Sale Business Information For Sellers Sell Sell a Business Selling Selling a business

Posted by Bill White, Jr. Murphy Business – Hudson on

If you’re a business owner and have reached the decision to sell your business, regardless of the reason some “due diligence” is necessary to ensure the process is as easy and profitable as possible. We certainly know that potential buyers will do their “due diligence” so it is best to be ...
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Think you should sell your business on your own? Think again. Here’s what can go wrong and trip you up.

Business Business For Sale For Sellers Sell Sell a Business Selling Selling a business

Posted by Bill White, Jr. Murphy Business – Hudson on

So you’ve decided to sell your business. Maybe you’re looking to retire after a long and successful run. Maybe you’re still in the game, but want to move on to the next opportunity. Or maybe business ownership just isn’t for you, and you want to cut ties, recoup your investment, and disentan ...
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Feeling Entrepreneurial? Why it Might Make Sense to Buy an Existing Business Instead of Starting From Scratch.

Business Buy a Business Buying a business For Buyers

Posted by Bill White, Jr. Murphy Business – Hudson on

The start of a new year has many people itching for a change, especially those with an entrepreneurial spirit. After all, who hasn’t dreamed of being their own boss, building something they can be proud of, and seeing that great idea come to fruition? If that’s you, it could be time to jump feet ...
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In Case of Emergency, is Your Small Business Prepared?

Business

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 ...
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What DO Your Employees Want?

Business General Business

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 ...
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If You Are Truly Ready to Sell, Ask Yourself These Questions

Business Sell a Business

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 ...
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Small Business Seller’s Wish List

Business Sell Selling a business

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 ...
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When is the best time to sell a business? – Timing is Everything!

Business Sell a Business

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 ...
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Business Plan Basics

Business

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? ...
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WHY YOU NEED A VALUATION

Business Business Information Buy a Business Buying a business For Buyers For Sellers General Business Sell a Business Selling Selling a business Valuation Valuing

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 ...
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The Value of Organization and Time Management

Business General Business

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 ...
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Small Businesses and the Law

Business General Business Small Business

Posted by Richard Parker on

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 ...
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