Business Consulting Sacramento
Why Choose Murphy Business Consulting Group?
Murphy Business offers an extensive range of business services in Sacramento, CA, helping small business to mid-sized business owners finance, manage, and grow their businesses.
With our business strategy, client work, experience, and expertise, Murphy Business is uniquely qualified to offer business coaching. As former business owners and C-level executives, we bring a proven track record of corporate management to our consultations. As business brokers, we offer the expertise you need to maximize the value of your own business.
Need assistance with the management side of your business? Need help with financing to ensure continued growth or guidance on your exit planning strategy business as you get ready to sell your business? Your local Murphy Business office can help.
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Types of Business Services Provided
Prepare for Sale of the Business
You’ve worked hard to build your business, and now you want to sell it. Will you get fair value for your efforts? Determining the value of a business is often the first step in the process of selling a business. But it shouldn’t stop there. If your business has multiple segments, do you understand how much profit is being contributed by each of these segments? This is a very important element of the strategy of selling your business. Our management team can help you analyze your business to maximize its value. We can also identify sources of value and areas of your business that can be improved. For example, does the business have excess assets that can be sold before the sale of the business without impacting the value of the business?
Retirement/Exit Strategy Planning
Most business owners don’t plan ahead for the sale of their business. When they decide to sell, the business may not be worth what they’d hoped. Don’t wait until the last minute to plan your retirement or exit strategy. Your succession planning should begin well in advance of your planned exit from the business to avoid any future challenges. Your planning should actually begin on day one! A formal plan for a transfer of ownership should be one of your top priorities. Don’t leave your spouse or heirs in the position of having to make the biggest business/financial decision of their lives without a comprehensive plan.
Cash Flow Problems
Limited cash flow is typically the number one reason for business consulting. Contrary to what many people think, a growing business normally requires more cash than a dying business. If you require additional capital, there is no shame in hiring a business consultant. In fact, it’s often the smartest decision you can make, even for a small business owner.
Applying for bank loans or financing for your business can be frustrating and time-consuming. With strong relationships from your local Murphy Business office, it’s much easier to stay ahead. Through our Preferred Partner program, we offer Commercial Loan Consultants who work with you to navigate the SBA or conventional loan processes.
Many companies are faced with rising prices for raw materials and labor. At the same time, customers are as resistant to price increases as ever. Our business consulting services can help you reclaim profitability with a detailed plan to decrease expenses while increasing income.
Having trouble growing your business? Our business consultants can help identify which segment of your business is most profitable, helping us chart the best path to business development. We’ll also assist in the development of a Sales and Marketing plan to support your growth trajectory.
Strategic Planning/Business Plan Development
As the old phrase goes, “If you don’t know where you’re going, it doesn’t matter how you get there.” Every business needs a plan if it’s going to succeed. What’s more, many lenders require detailed business plans before they’ll approve a loan or a credit line. Our best professionals can help you develop a strategic plan for your business for high customer service, one focused on short-term development and long-term viability.
Our Other Services
More About Terry:
Buying or Selling a business can be a stressful and often confusing process. As a business broker, I bring years of valuable, personal experience to help you through the process. For my buyers and sellers, I provide professional valuations, confidential listings, automated buyer inquiry systems, and stay in touch throughout the entire process with regular check-ins. By keeping an eye on the goal, the successful transfer of a business, we will work together to make it happen as quickly and smoothly as possible.
– Terry J. Watts