Contact

To contact Sheila Spangler:

s.spangler@murphybusiness.com

Office:    208-286-2300
Mobile:  208-343-7007

Popular posts from this blog

How To Sell Your Business for Maximium Value

A couple of weeks ago I had the opportunity to talk with Brandon Wright on his weekly show, Wright Stuff Radio , about the steps to maximize the value of your business when you sell.  Being a business owner himself, Brandon has a no-nonsense approach to getting to the bottom line about topics that matter to business owners.  Listen in as we talk about what buyers want from you when you sell your business: https://soundcloud.com/wrightstuffradio/wright-stuff-radio-sheila-spangler
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What's Goodwill Got to Do With It?

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The other day an attorney friend said in his best Scrooge-like voice, “I don’t like goodwill.” Because we were discussing business sales, I knew he wasn’t referring to the happy, peaceful, holiday goodwill. He meant business goodwill except he called it “blue-sky”. Contrary to popular belief, the word blue-sky is not synonymous with goodwill. Goodwill has more than one meaning especially at this time of year, but blue-sky isn’t one of them.   My attorney friend was confusing something of no value (blue-sky) with a sale-able asset (goodwill). While some owners do have blue-sky dreams, the buyer purchases goodwill and tangible assets when a business is transferred in an asset sale.  According to Merriam-Webster’s dictionary, Goodwill is:  1)     a kindly feeling of approval and support; benevolent interest or concern;  2)     the favor or advantage that a business has acquired especia...
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How Will I Know How to Buy the Right Business?

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I know that there are business professionals who will guide people to buying a business The only person that knows the right business for you.....is you. But before you start looking for a business, you should ask yourself - What am I good at?  What do I like to do?  What niche needs to be filled (i.e. what are people seeking and want to buy)? Then once you know the answers to those questions, start looking at businesses for sale.  There are several "business for sale" websites that you can view.  Just Google - "buy a business" and start looking.  This will give you an idea of what is currently available. However, if you decide that there is a particular type of business you really like, are good at or believe there is a need for, then you may want to consider approaching a business owner that has NOT listed the business for sale. A good business intermediary (a.k.a. business broker) will be invaluable to you.  How do you know if someone is qual...
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