Phone
(757)364-0303

Email
h.feder@murphybusiness.com

Scheduled
a call

Buying an Existing Business: Real Advantages Worth Knowing

Acquiring an established business gives buyers a measurable head start that no startup can replicate. From day one, the infrastructure, customer base, and revenue history are already in place. For buyers evaluating their options, those advantages are not minor details. A Foundation That Already Works When you acquire an existing business, you are not building […]

Buy a Business: 3 Questions That Reveal If You’re Ready

Buying a business is a concrete financial decision, not a lifestyle fantasy. Before exploring available opportunities to buy a business, it helps to run an honest self-assessment. The three questions below cut through the noise and give you a clear picture of where you actually stand. 1. Are You Prepared to Take Ownership of Your […]

Acquiring a Business: What Buyers Must Have Ready to Close

Closing a business acquisition takes preparation well beyond having money available. Acquirers who enter the process underprepared often lose deals, overpay, or stall at the finish line. Understanding what needs to be in place before the search begins is what separates buyers who close from those who do not. Financial Readiness Is the Starting Point […]

Financing a Business Purchase with Friends and Family Capital

Personal networks are a legitimate and frequently overlooked source of capital when traditional lending falls short. For buyers who cannot meet bank requirements or SBA thresholds, turning to trusted individuals in their circle can bridge the gap and make a deal possible. Done correctly, this approach works. Done carelessly, it damages relationships and deals simultaneously. […]

Buy a Business the Right Way: 10 Questions That Protect You

Buying a business is a transaction that rewards preparation. The buyers who walk away with strong deals are almost always the ones who asked better questions earlier in the process. If you are exploring how to buy a business, the questions below are not optional checkboxes. They are the foundation of a sound acquisition strategy. […]

Due Diligence in Business Acquisitions: What Buyers Must Know

A signed Letter of Intent does not mean a deal is done. Due diligence is the stage where a buyer either confirms their decision or uncovers reasons to renegotiate or walk away entirely. Understanding what this process actually involves is essential before committing to any acquisition. What Due Diligence Actually Accomplishes Due diligence is a […]

Buying a Business: Steps for First-Time Buyers

Buying a business for the first time is a structured process, not a spontaneous decision. Buyers who approach it methodically tend to close better deals, avoid costly mistakes, and transition into ownership with far less friction than those who improvise. Start With What You Actually Want Before looking at listings or contacting sellers, get clear […]

Hiring an Attorney When You Buy a Business: What to Know

Legal counsel plays a specific and limited role in a business acquisition. Understanding what an attorney can actually do for you, and where their expertise ends, helps you build the right advisory team from the start. Why Legal Review Matters in a Business Purchase When you buy a business, the transaction involves a range of […]

Partnership Agreements: Build a Foundation That Protects Your Business

A partnership agreement is a legal contract that defines how a business operates between two or more owners. Without one, even the strongest business relationships are exposed to serious financial and legal risk. Why Informal Arrangements Create Formal Problems Partners who go into business together without a written agreement often assume shared understanding will carry […]

Employees and Business Value: What Buyers and Sellers Need to Know

The strength of a business is often measured in revenue, assets, and market position. But experienced buyers and sellers know that the workforce behind those numbers carries just as much weight. Employees shape operational stability, customer relationships, and long-term growth potential in ways that financial statements alone cannot capture. Why Workforce Quality Affects Business Value […]