Posted by Murphy Business & Financial Corporation LLC on
Here are some of the obvious, and not so obvious, steps you can take as you get ready to sell your business:
Clean the premises
Organize the books and records
Deal with any customer/vendor/employee issues prior to the sale
Try to increase revenues without sacrificing margin (increasing revenue ...
Posted by Business Broker Russell Cohen | Murphy Business & Financial Corporation LLC on
You've spent a lifetime building up your business. Whether you have always planned to move on or are selling your business due to the continuing pressures exerted by the many recent economic downturns, you will be looking to achieve the greatest profit attainable for your efforts.
That is why i ...
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 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 ...
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 ...
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 ...
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 ...