Phone
(757)364-0303

Email
h.feder@murphybusiness.com

Scheduled
a call

Buying an Existing Business: Real Advantages Over Starting From Scratch

Acquiring an existing business gives buyers something a startup never can: a verifiable track record. Before a single dollar changes hands, a buyer can review financial history, assess customer retention, and evaluate operational systems that have already been tested in the market. What You Actually Get When You Buy an Existing Business When someone acquires […]

Buy a Business That Fits Your Skills, Budget, and Goals

Buying a business is a financial and personal commitment that deserves a structured evaluation process. Before you get attached to any opportunity, you need to assess three things honestly: whether you can run it, whether you can afford it, and whether it can support your financial needs after the purchase. Start With What You Can […]

Buy a Business: Is Business Ownership the Right Move for You?

Business ownership offers genuine financial upside and personal autonomy, but it is not the right fit for every professional. Before you buy a business, it helps to understand what you are actually signing up for, including the trade-offs that rarely get discussed alongside the benefits. The Control Factor: What Ownership Actually Gives You One of […]

Due Diligence: What Buyers Must Verify Before Closing

Signing a Letter of Intent feels like a milestone, but it is not a finished deal. The due diligence phase that follows is where buyers either confirm their decision or discover reasons to renegotiate. Understanding what this process actually involves can determine whether a transaction closes cleanly or falls apart entirely. If you are actively […]

Fairness Opinions Explained: What They Mean for Your Deal

A fairness opinion is a formal written assessment that evaluates whether the financial terms of a transaction are fair to the parties involved. It is not the same as a business valuation, and understanding the difference matters when you are navigating a sale or acquisition. Fairness Opinion vs. Fair Market Value These two terms are […]

Today’s Business Buyer: What Motivates Them and What Sellers Need to Know

Understanding who is actually buying small businesses right now matters more than most sellers realize. The profile of a typical buyer has shifted in recent years, and sellers who recognize these patterns are far better positioned to attract qualified interest and close successfully. What Buyers Are Actually Looking For Contrary to what many sellers assume, […]

Buy a Business Without Falling for Growth Myths

Buying a business based on what it could become is one of the most common and costly mistakes prospective buyers make. Growth potential feels compelling during the evaluation process, but it is rarely a reliable foundation for a purchase decision. Why Growth Potential Is Often an Illusion When a buyer walks through a business and […]

Due Diligence When Buying a Business: What to Verify Before You Close

Due diligence is the structured process of verifying what a seller has represented before a transaction closes. It is not a formality. It is the stage where buyers either confirm the value they are paying for or discover the gaps that change the deal entirely. If you are considering acquiring a business, understanding what to […]

Serious Buyers Scrutinize More Than Just the Financials

When a qualified buyer evaluates a business, the financial statements are just the starting point. Experienced acquirers dig into operational, structural, and market-level factors that can shift their perception of value and ultimately affect what they are willing to pay. Industry Position and Competitive Dynamics Before a buyer commits to any level of interest, they […]

Buy a Business the Right Way: Steps That Protect Your Investment

Acquiring a business is a structured process, and the buyers who navigate it successfully are the ones who treat due diligence as a discipline rather than a formality. Before any agreement is signed, there are specific areas that deserve careful, methodical review. If you are preparing to buy a business, understanding what to examine and […]