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After 40 years, Norfolk spa owner to transfer business to employees Others should plan to pass torch too, experts say

Norma Dorey decided to pass business ownership of Changes City Spa in Norfolk to a team of seven of her employees in January 2024. Whatever an owner's intent for business succession, Hampton Roads experts say it's vital to prepare a well thought-out plan.

After 40 years, Norfolk spa owner to transfer business to employees Others should plan to pass torch too, experts say

After 40 years, Norfolk spa owner to transfer business to employees Others should plan to pass torch too, experts say
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After 40 years, Norfolk spa owner to transfer business to employees Others should plan to pass torch too, experts say

Three years ago, Norma Dorey began putting the wheels in motion to begin her next phase of life. “Even though we all don’t want to admit it, one day, that day comes,” Dorey said. “You need to not wait too long to let it go and not stay in the saddle too long.” For the past 40 years, Dorey has owned and operated Changes City Spa, a full-service family salon on 21st Street in Norfolk. Like many .

Murphy Business & Financial Corporation LLC Welcomes Fairfax Office

Murphy Business & Financial Corporation LLC Welcomes Fairfax Office Business Brokerage Firm Opens New Office to Meet Regional Needs News provided by Share this article Share this article VIENNA, Va., Jan. 26, 2021 /PRNewswire/ Murphy Business & Financial Corporation LLC, North America s leading, full-service business brokerage firm with more than 160 offices in the United States and Canada, recently announced the opening of a Virginia office with its newest location in Fairfax, Virginia. The Fairfax office offers a full range of business brokerage services for all local business owners seeking to buy, sell or value a business. ELIZABETH KORONDY launched the Murphy Business office to provide one of the state s most comprehensive business brokerage services. The Murphy Business Sales of Fairfax office supports small to medium-sized businesses with the sale of their businesses, commercial real estate, valuations and mergers and acquisitions.

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