Articles

8 Ways to Make Buying a Business Less Scary

Business Business For Sale Business Information Buy a Business Buying a business For Buyers

Posted by Tony Samples on

In addition to eating a ridiculous amount of candy corn, with Halloween around the corner, we’ve been thinking about all things scary. Here are some things that can make an entrepreneurial leap a little more comfortable. If you’re a business owner looking to sell, take note of these things too a ...
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Business For Sale By Owner

Business Business For Sale Business Information For Sellers General Business Sell a Business

Posted by Tony Samples on

With all of the online options at our fingertips these days, it is easier than ever to sell things. You can sell everything from a couch, to a car, to a house just by listing them online. In these days of the FSBO (For Sale By Owner) posts, wouldn’t it just be easier to try to sell your business t ...
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Should I Tell My Employees I’m Selling?

Business Business For Sale Business Information For Sellers Sell a Business Valuation

Posted by Tony Samples on

The short answer: no. We have sellers all the time who ask us this and our answer is always the same: it’s a bad idea. Even if your team is small in number and a very tight knit group, we still recommend that you don’t take them along with you on the ride of selling a business. There are a few l ...
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Congruence

Business Business For Sale For Sellers General Business Sell a Business

Posted by Tony Samples on

Congruence explains how things correspond or agree with each other and it has EVERYTHING to do with selling your business. Many buyers mystery visit your business before they make an offer on it. They want to see how your website, collateral materials, products, and staff interact with them as a ...
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How Much is Your Business Worth?

Business Business For Sale Business Information For Sellers Sell a Business Valuation Valuing

Posted by Tony Samples on

Is your business gaining value each year? Are there issues in your business that are reducing the value? Are you counting on the proceeds from the sale of your business to help fund your retirement? In business there is one certainty: At some point every privately held business will be sold ...
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Growth Through Acquisition

Business Business Information Buy a Business Buying a business For Buyers For Sellers General Business

Posted by Tony Samples on

Businesses grow in one of two ways: organically or by acquisition. Growing organically means that you grow slowly but surely over time as the demand and money allows. When you grow by acquisition, you buy another company and absorb them into your organization. Growing by acquisition can be a great b ...
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Discounted Cash Flow

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

Posted by Tony Samples on

In an academic setting, a discounted cash flow model sounds like a completely reasonable form of valuing a business. You project out the anticipated cash flows for 5-10 years, use a discount rate and look at what those future cash flows are in present day dollars.  The formula for this is usual ...
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Pricing Your Business to Sell

Business Business For Sale Business Information For Sellers Sell a Business Valuation Valuing

Posted by Tony Samples on

If the business is not priced correctly, it will most likely continue to sit on the market. This frustrates you and turns away possible buyers. Most businesses are sold at a price based on current performance. All businesses have future potential that may be much greater than the current numbers, bu ...
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Valuation Reasons

Valuation Valuing

Posted by Anthony Samples on

Do you know what your business is worth? I mean, really know? Most business owners think they have a good idea what their business is worth, but often it is only an unrealistic expectation. Sometimes they shortchange themselves, other times they tend to think it’s wort ...
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2019: What’s Your Plan?

Business Information

Posted by Tony Samples on

Are you planning to sell your business in the next 3 years?   A recent survey by BizBuySell found that Baby Boomers are rapidly approaching the time to sell their businesses. The survey indicated that 32% of all privately held businesses would change ownership over the next 2 years. Does this ...
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Now is the Time

General Business

Posted by Anthony Samples on

Listen up, if your goal is to “Grow Your Business”, raise your hand. I’m sure that 99% of you raised your hand. Those of you who didn’t, well, you can stop reading. There is no such thing as a business that is maintaining sales and profits year after year at the same level. ...
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Close the Gap

Business For Sale

Posted by Tony Samples on

So, the last 1-2 years, you have seen a decline in sales and profits. You know that you have a great business and that it will rebound in the coming years. Buyers get the vision, but aren’t willing to pay for it up front. Therein lays the “valuation gap.”   One way to b ...
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Invest in a Franchise

Business For Sale Buy a Business Buying a business For Buyers

Posted by Anthony Samples on

As we talk to clients who are considering going into business for themselves, many have never thought about buying a franchise.  Some are so convinced that franchises are out of their league that they don’t even want to talk about the possibilities.  When one thinks of franchising, t ...
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Do You Own A “Business” or Do You Own A “JOB”?

Business Business For Sale Business Information For Sellers Sell a Business

Posted by Tony Samples on

You’ve owned your business for many years. You’ve built it from nothing to where it is today. You enjoy going to work each day and receive a great sense of satisfaction from the daily accomplishments of the business. But now it’s time to sell, or at least develop an exit strategy. The problem ...
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Attention: Buyers, Buyers, Buyers

Buy a Business Buying a business For Buyers

Posted by Tony Samples on

If you have been searching for a business on your own, you know that it can be frustrating and time consuming. Ask yourself, are you serious about buying a business?   When you are ready to buy, we would like to help you find that perfect business. Of course, we first will have you consi ...
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Is Your Business Ready To Sell?

Business Information For Sellers Sell a Business

Posted by Anthony Samples on

At some point, every privately held business will be sold, transferred to a relative, or closed. Some business owners operate their business without ever considering an exit plan. Then something unfortunate occurs and the business is not prepared to sell, but must be sold quickly – and us ...
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Walk a Mile

Business Information Buy a Business Buying a business For Buyers For Sellers General Business Sell a Business

Posted by Tony Samples on

There is an inherent rub when a buyer and seller are trying to negotiate the sale of a business. The buyer wants the lowest price and the most favorable terms possible. The seller wants the highest price and to protect themselves while minimizing their tax bill. Here are a few ways you can help y ...
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Selling a Business in 2018

Business Business For Sale Business Information For Sellers Sell a Business

Posted by Tony Samples on

One of the questions I’m asked most often is: How does one go about selling a business? The short answer is this: Carefully, and with help from several places. The starting point for selling any business is to engage a trained business broker who will examine and value your business, find a su ...
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Fixer Upper

Business Business For Sale Business Information For Sellers Sell a Business

Posted by Tony Samples on

Change hurts. Changing our businesses with the times is difficult and we can be forgiven for wanting to avoid anything that’s both difficult and painful. Still, the ways in which businesses connect with their customers has changed and is continuing to do so because those customers’ expectation ...
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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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