Phone
(757)364-0303

Email
h.feder@murphybusiness.com

Scheduled
a call

Buy a Business With Confidence: What Every Buyer Needs to Know

Serious buyers come prepared. Before committing capital to any acquisition, they want clear, documented answers to a specific set of questions that reveal whether a business is worth buying and at what price. Capital Requirements and Financial Commitment The first thing a buyer needs to understand is how much capital the business actually requires to […]

Term Sheets in Business Sales: What They Do and Why They Matter

A term sheet is a concise, non-binding document that captures the agreed-upon framework of a business deal before formal contracts are drafted. It is not a legal agreement, but it plays a practical role in keeping negotiations on track and reducing the risk of late-stage breakdowns. What a Term Sheet Actually Does When a buyer […]

Lease Agreements: What Buyers and Sellers Must Know

A business lease is a legal and financial asset that directly affects the value, continuity, and transferability of any business. Whether you are looking to buy a business or prepare one for sale, understanding the lease structure is not a secondary task. It belongs at the center of your due diligence process. Why the Lease […]

Deals Fall Apart for Predictable Reasons: Here Is How to Avoid Them

A significant number of business transactions that reach the negotiation stage never make it to closing. The reasons are rarely random. Most deal failures trace back to a handful of recurring problems that experienced advisors recognize early and that both buyers and sellers can take concrete steps to address. Buyer Financing Falls Through at the […]

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 Buyer Questions Every Seller Should Be Ready to Answer

Buyers come to the table prepared. Before committing capital to an acquisition, serious buyers run through a consistent set of questions designed to assess risk, verify value, and determine whether the seller is credible. Sellers who are not ready for these questions lose deals that should have closed. The Question That Shapes Every First Impression […]

Market Conditions for Business Buyers and Sellers: What to Expect

Current market conditions are shaping how businesses are bought and sold in ways that affect both pricing and timing. Buyers and sellers who understand the key variables at play are better positioned to make informed decisions and close deals on favorable terms. What the Data Is Telling Us Comprehensive surveys of business brokers and M&A […]

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 […]