Phone
(757)364-0303

Email
h.feder@murphybusiness.com

Scheduled
a call

Business Valuation Explained: What Buyers and Sellers Need to Know

Business valuation is not a single number arrived at through a fixed formula. It is a judgment-driven process shaped by financial data, operational realities, and the specific purpose behind the valuation itself. Whether you are preparing to determine what your business is worth or evaluating a target acquisition, understanding how value is measured changes how […]

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 […]

Selling a Business: Red Flags Sellers Should Watch For

Sellers spend considerable energy preparing their business for sale, but far less time evaluating the buyers they engage with. That imbalance creates real risk. Understanding which warning signs to watch for, and when they tend to surface, gives sellers a meaningful advantage in protecting the deal. If you are working through the process of selling […]

Why Deals Don’t Close: Common Seller and Buyer Pitfalls

Business deals collapse more often than most people realize, and the reasons are rarely mysterious. Whether a transaction stalls on the seller side or the buyer side, the root causes tend to follow recognizable patterns that experienced advisors see repeatedly. When Sellers Are the Problem Not every seller who lists a business is genuinely ready […]

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 […]

Under-Reporting Income: What It Costs You When Selling

Accurate financial records are the foundation of any successful business sale. When those records have been manipulated to reduce tax liability, the consequences extend far beyond the IRS. Buyers, lenders, and investors all rely on the same numbers, and inconsistencies in those numbers can collapse a deal before it ever reaches the closing table. How […]

Business Goodwill Explained: What It Means for Value and Deals

Goodwill is one of the most consequential factors in any business transaction, yet it rarely appears as a clean line item on a balance sheet. It represents the accumulated value of intangible assets that make a business worth more than its physical components alone. What Goodwill Actually Includes At its core, goodwill captures everything that […]

Lease Terms Every Business Owner Should Understand Before Signing

A commercial lease is one of the most consequential documents a business owner will ever sign. For location-dependent businesses, the lease can directly determine whether the business holds value, attracts buyers, or becomes difficult to transfer when the time comes to exit. Location Dependency Changes Everything Not every business relies on foot traffic or a […]

Earnings Quality: 3 Factors Every Buyer Must Evaluate

Earnings figures alone do not tell you what a business is actually worth. Two companies can report identical numbers on paper and represent entirely different levels of risk, stability, and future potential. Before you acquire a business, understanding what sits behind those numbers is essential to making a sound decision. What Earnings Quality Actually Means […]