Articles

How Getting Your Business Valued Shapes its Future

Business Business Information Sell a Business Valuation

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The journey of business ownership is an adventure filled with ups and downs. To navigate this path with more ease and clarity, understanding the true value of your business is akin to having a reliable compass. This process isn't just about numbers; it's about making informed choices that shape your ...
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How is Your Business Valued?

Business For Sellers Valuation

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If your business exit strategy is to sell your business now or in 3-5 years, please read on. I consider myself blessed to work with successful entrepreneurs. I love to hear “the story”. How they started in a spare room or a garage with little or no money, grinding it out 80-90 hours a week. ...
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Considering Selling Your Business in 2024?

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Selling your business is a significant decision that requires careful planning and execution. Too often, a business owner waits until they are ready to sell their business to start planning their exit. While it can be done on the fly, a lack of planning often leads to an unnecessary decrease in ...
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How We Help

Business Business Information General Business

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It’s August, which means sweltering heat and school starting back up. As families get back into a routine, we also see an uptick in business owners recommitting to their business goals. For some, that’s thinking about strategic growth. For others, it’s considering if it is finally time to sell ...
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Owner (In)Dependence

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Does your business depend on you? Do employees come to you to solve their problems instead of solving the issue themselves? Do you have a management team in place? What happens when you're not there for a few days? When getting ready to sell your business, it’s important to be aware of how reliant ...
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3 Financial Reports You Need to Look at When Buying a Business

Buy a Business Buying a business For Buyers

Posted by Tony Samples on

When you’re buying an existing business vs. doing a start-up, it’s an exciting opportunity to leverage an established brand and pay yourself on day one, but how can you be sure that you are buying a good business? There are a host of things that require your attention and one of the most importa ...
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Do You Own a Job or a Business?

Business Business Information For Sellers

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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Want to Sell Your Company in 2023 – Do These 5 Things Now

Business Information For Sellers Sell a Business

Posted by Tony Samples on

This month's article was written by Ron Buck, Regional Director, Murphy Business & Financial - Carolinas If you are considering selling your company in 2023, there are 5 things you should be doing (or not doing as the case may be) between now and year-end, as well as over the next few months. ...
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Our 2023 Outlook

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Despite some obvious challenges in the economy like inflation, rising interest rates, a looming recession, a bear market, soft staffing, and an ongoing war in Ukraine…deals are still taking place among main street and lower middle market companies. There was a dry period for buy/sell transactions ...
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Business Valuations (Know Your Company’s Worth)

Business Business Information General Business Valuation Valuing

Posted by Tony Samples on

Most people know what a business valuation is (the process of figuring out what your company is worth), but not everyone knows the different reasons valuations are performed. Aside from the obvious need for a valuation when you’re ready to sell the business, valuations are preformed for many diffe ...
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5 Ways Businesses are Valued Incorrectly

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Most business owners have no idea what their business is actually worth. The reasons that business owners typically seek out a valuation are: 1) They are working on a financial plan with their financial planner; 2) they are going though a major life event (divorce, illness, etc.); 3) they are con ...
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Choosing the Right Advisors for Your Deal

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Selling your business represents more than just a significant financial event in your life. It’s the culmination of substantial time, resources, and years of sacrifice. To get maximum value for your business, you need the right people around you who will have your back and help you exit well. O ...
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Finding a Good Broker

Business Business Information For Sellers Sell a Business

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You’ve decided you are ready to talk with a business broker about buying or selling your business. It wasn’t an easy decision; there is a lot to consider! You’re a little nervous about making the call and starting the process, but you’re even MORE nervous about making sure you select the rig ...
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Peak Performance

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Business owners usually contact a business broker when they’re tired of running their company.  Whatever their reason, they’re done.  The end is in sight and they may have had one foot out the door for a while.  They react poorly when we advise them to operate their business at peak performan ...
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Fixer Upper

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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’ expectati ...
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When is it time to sell?

Business Business Information For Sellers Sell a Business

Posted by Tony Samples on

How do you know when it’s time to sell your business? To some it might seem like a silly question, but for a business owner (and particularly for a family-owned business), the decision can cause some sleepless nights. Since we work with a lot of sellers, here is a list of some of the tell-tale sig ...
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One Answer to Labor Challenges Today

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Meet Sally. She’s a business owner who is in a tight spot. She’s trying to fill a linchpin position within her company and she’s extremely frustrated at the lack of quality candidates she is finding through job search sites and industry-specific headhunters. When asked if she had thought about ...
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Do You Own a Job or a Business?

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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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Now is the Time

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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. It doesn’t e ...
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How is Business Value Determined?

Posted by Tony Samples on

I consider myself blessed to work with successful entrepreneurs. I love to hear “the story”: How they started in a spare room or a garage with little or no money, grinding it out 80-90 hours a week. Now, after several decades, they have a very nice business. They are all extremely competent and ...
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