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FAQ Murphy – Panama City 1. What is a Murphy Business Broker? We are trained professionals that enjoy helping business transfer to a third or the next generation. We manage expectations and deliver qualified Buyers. We manage the details while you keep the profits up. 2. I heard that Murphy Business and Financial Services, Inc is the largest Business Broker firm in the Southeast - ? Yes – we are the largest in the Southeast. Murphy – Panama City is one of over 60 professionals dedicated to selling your business. Please follow www.murphybusiness.com for the corporate site. 3. How do we define a small to medium sized business? For general purposes we tell our users that a small to medium sized business can range anywhere from a 1 person startup with minimal revenues all the way up to a business with 100 employees and $25 million in revenues. The asking prices for these businesses can typically range from less than $50,000.00 to more than $20 million. 4. Do I pay for Business Broker services. ? This is generally in three areas. Work fee - Work fees are normal for preparing a business for sale to get the best value. However, sometimes, these work fees can be used to look and plan for the tax effects of transferring to a family member or key employee. Pay as you go - Some people wish to pay as expenses are incurred and then a smaller commission at the closing table. Commission - Pay at closing. This is the traditional arrangement for brokers of services. 5. Do the business brokers, agents, and lawyers, CPA’s, Estate Planners, Appraisers, and other Professionals listed on your website work for Murphy Brokers and Professional Services, Inc? No, However, Business transfers and Business tune-ups are very specialized. We work with the professionals listed because together we offer the best value in terms of timing, appropriate counseling, and competition. 8. How do I contact Murphy? There are many ways to contact us. Please call 850.747.0662 for more information concerning your specific needs.
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