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Tully Ryan

Managing Director & Certified M&A Advisor, Murphy Business Sales
BIO

Tully Ryan, a business leader with over 30 years of experience, specializes in facilitating M&A transactions tailored to meet the needs of business owners. As a certified M&A Advisor and Managing Director of Murphy Business of Eas

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Financial
Dec 1, 2025

Understanding The Buyer’s First Move: The Letter of Intent 

Your business is on the market—ideally you’ve worked with a broker or M&A advisor on your exit plan, determined your valuation, identified your goals for the sale, and developed a exit strategy.  Then you receive a Letter of Int

Financial
Nov 12, 2025

Behind the Deal: Why Financing Relationships Matter 

When a business owner decides to sell their business, they are often understandably unfamiliar with the process. They may have many years of experience building and running a successful business, but it is typically their first time selling a busines

Financial
Sep 23, 2025

Sell on Your Terms: What Most Owners Don’t Know About Exit Deals 

In my last column, I asked “What Will Your Press Release Say the Day After You Sell?”  I understand that it may be hard to picture selling your business –  you’re not alone. Many business owners are too entrench

Financial
Jul 30, 2025

 Start With the End in Mind: What Will Your Press Release Say the Day After You Sell?

A few years ago, a friend of mine who worked at Amazon Web Services told me something that stuck with me: At AWS, before they write a single line of code when thinking about launching a new product, they start by writing the press release they hoped

Financial
Jun 12, 2025

The Real Timeline to Sell Your Business (Hint: It Takes Longer Than Everyone Thinks)

“I just want to be out by December 31st.” That’s what a business owner told me during our first meeting. It was August. I nodded and said, “Let’s talk about what that would actually take.” I believe that setting

Other
May 1, 2025

Who You Hire to Sell Your Business Might Be the Most Important Decision You Make

After years of building your company, you’ve made the big decision—it’s time to sell. Now comes one of the most important decisions in the entire process: choosing the right broker or advisor to guide you through it.  Here are

Other
Apr 10, 2025

Thinking of Selling Your Business Yourself? Here’s What You Should Know

After years of sitting across from business owners wrestling with the decision to sell, I’ve learned that making that decision can feel overwhelming, emotional, and nearly impossible to navigate.  Selling your business is more than a simp

Other
Mar 12, 2025

Why Your Business Always Needs to Be Sale-Ready

Many business owners think about selling their company as a distant event—something for "one day." But when life happens, "one day" can quickly become "today."  A few years ago, a business owner called me eag

Other
Feb 12, 2025

Buying Your First Business: Insights for First-Time Business Buyers

Recently, I had the opportunity to attend a working lunch with a business professor at East Carolina University to help shape topics and curriculum for first-time business buyers. This initiative is designed to support retiring and transitioning mili

Financial
Jan 24, 2025

Why Buyers Should Seek Well-Run Businesses, Not Fire Sales: The Misconception About “Good Deals” in M&A

A few years ago, I was contacted by a company seeking an M&A advisor to help them expand through acquisition. The company already had 12 locations on the east coast and the owner shared that he had a goal of $500 million in revenue. At first glan

Business Growth
Jan 6, 2025

Market Predictions Aside, Well-Run Businesses Always Sell

This time of year, I am frequently asked about the outlook for buying and selling businesses in the upcoming year. Business owners in particular are eager to understand the trends and levels of interest I am seeing on both the buy-side and sell-side

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