Phone
(757)364-0303

Email
h.feder@murphybusiness.com

Scheduled
a call

Business Valuation Gaps: Why Similar Companies Sell for Very Different Prices

Two businesses in the same industry, with the same earnings, can carry valuations that differ by millions of dollars. Understanding why that gap exists is one of the most practical things a buyer or seller can do before entering a transaction. Take a straightforward example: two companies each generating $6 million in EBITDA. One sells […]

Term Sheets Explained: What They Do and Why They Matter

A term sheet is one of the first formal documents exchanged between a buyer and seller in a business transaction. It captures the essential structure of a proposed deal before attorneys draft binding agreements, and it plays a larger role in shaping outcomes than most people expect. What a Term Sheet Actually Does At its […]

Business Broker Benefits: What They Do and Why It Matters

Hiring a business broker is a practical decision, not a luxury. Whether you are looking to buy a business or position one for sale, a qualified broker brings resources, relationships, and transactional experience that most individuals simply do not have on their own. Access to Opportunities That Are Not Publicly Listed A significant portion of […]

Small Business Acquisitions: Turning Perceived Negatives Into Real Opportunities

Small businesses are frequently dismissed by experienced acquirers before a deal ever gets off the ground. The concerns are familiar: thin asset bases, owner-dependent operations, informal recordkeeping. But many of these so-called negatives are actually correctable conditions that create leverage for a prepared buyer. Why Sophisticated Buyers Are Reconsidering Small Business Deals The assumption that […]

Buy a Business With Eyes Open: What Ownership Actually Demands

Buying a business is a legitimate path to building wealth and professional independence, but it comes with demands that most people underestimate before signing the purchase agreement. Understanding what ownership actually looks like, day to day and year to year, is the difference between a rewarding acquisition and a costly mistake. If you are exploring […]

Buy a Business: Understanding Who the Real Buyer Is

Sellers often focus on price, timing, and paperwork. What they underestimate is how much the buyer’s profile shapes whether a deal actually closes. Knowing who is on the other side of the table is not just useful context. It is a strategic advantage. What Actually Drives a Buyer to Act The decision to buy a […]

Buyer Psychology: What Every Seller Needs to Understand

Sellers often focus entirely on their own goals when listing a business, but the buyer’s experience shapes the outcome just as much. Understanding what a prospective buyer is actually going through can change how you price, present, and negotiate your deal. The Reality Behind Buyer Drop-Off Rates A significant number of people who express interest […]

Small Business Transaction Trends: What Buyers Need to Know

Transaction volume in the small business market tells a story that short-term fluctuations often obscure. Even when quarterly numbers pull back slightly, the broader picture frequently reveals a market that remains active, well-supplied, and favorable for buyers who are paying attention. Reading the Numbers Without Overreacting Quarterly dips in transaction volume are normal. They reflect […]

Buying a Business Without Collateral: Two Paths That Work

Collateral is one of the first things lenders ask about, and its absence stops a lot of prospective buyers before they ever get started. The good news is that buying a business without collateral is not a long shot. There are structured, legitimate paths that buyers use regularly to close deals, and understanding them gives […]

Venture Financing Facts Every Business Owner Should Know

Venture capital is widely discussed but rarely understood in practical terms. The gap between perception and reality is significant, and for most small to mid-sized business owners, the numbers tell a story that changes how they think about growth and funding. How Most Businesses Are Actually Financed Government financing and venture capital together represent less […]