Category: Sell a Business

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

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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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Doing Your “Due Diligence” Before Selling Your Business Could Pay Dividends

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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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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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IS YOUR BUSINESS READY TO BE SOLD?

Sell a Business

Posted by Murphy Business Broker – Shelly Stansfield on

Two recent discussions are worth considering when thinking of about selling your business. One gentleman wants to sell his business to a couple employees in a couple of years and the other wants to sell in 10 years. TWO YEAR GOAL: A moderately successful business owner and I discussed having a ...
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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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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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You Have Goodwill Because?

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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 ...
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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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SELL NOW OR WAIT?

Sell a Business

Posted by Murphy Business Broker – Shelly Stansfield on

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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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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WHY YOU NEED A VALUATION

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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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