Rochester, Minnesota Business Broker

Rochester Business Broker



What to Expect at Morgan & Westfield

At Morgan & Westfield, we pride ourselves on maintaining the highest possible level of service for our clients. But we believe that this commitment requires more than just completing technical tasks for you. This also means maintaining superior ethical standards and providing services that are based on this high standard. As part of this commitment, all of Morgan & Westfield’s business brokers subscribe to a strict code of ethics that is outlined by the International Business Brokers Association.
In addition to following this code of ethics, we believe in providing services that are based on honesty, integrity, professionalism, and putting our client’s needs first. By operating in this way, we have established a reputation for being the business brokers that you can trust. This is something that we are very proud of at Morgan & Westfield. And we will continue to do everything in our power to provide you with services that are based on our core principles, which allows us to live up to this reputation.

How We Sell Your Business

At Morgan & Westfield, our experienced business brokers use a variety of services to aid you in selling your business. These services guide you through the process of selling your business and alleviate many of your personal responsibilities along the way. Essentially, our services take care of the many complex technical aspects of selling your business. Our services include:
  • Business Appraisals: Our business brokers will review your business’s information and create a formal report. This report will then be used to assist you in determining a realistic asking price. 
  • Preparation of an Offering Document: After we appraise your business and work with you to establish an asking price, our business brokers will prepare and share an offering document. An offering document is a report that comprehensively outlines your business for potential buyers. This document is used to give potential buyers general information about your business and communicate the fact that your business is for sale.
  • Confidential Marketing: At Morgan & Westfield, we implement a technique called confidential marketing to market your business to potential buyers. This technique calls for our business brokers to advertise the sale of your business using only generic information. Potential buyers are then able to request more specific information if they are interested in learning more about your business.  
  • Buyer Screening: Our business brokers have developed a proprietary system for screening potential buyers. This allows us to ensure that you are only meeting with buyers who are truly interested and capable of purchasing your business. 
  • Negotiation Advice: We understand that negotiations can be emotional and stressful for all parties involved; our business brokers work to mitigate this stress. We will prepare you for negotiations and offer you advice throughout the entire process. We offer both deal-structuring advice and advice on possible techniques that you can use to advance negotiations. 
  • Performing Due Diligence: Our business brokers will work with you to ensure that everything is fully researched before any deals are finalized. This will help you to avoid making any decisions under false pretenses. We will also assist you in providing all pertinent information to potential buyers as they go through their due diligence process.
  • Administering the Closing Process: We will assist you in financing and securing funding for the sale. At Morgan & Westfield, our business brokers have access to many other industry professionals, such as accountants, bankers, lawyers and tax professionals. These connections will prove invaluable during the closing process. Our business brokers will work with you and these other industry professionals to ensure that the finalization of the sale goes smoothly. 
  • Assistance With Paperwork: We also assist you with completing the paperwork associated with your business’s sale. This includes everything from creating and executing contracts to documenting property transfers and completing any other necessary documentation. Our business brokers understand how overwhelming it can be to complete all of this paperwork on your own, and we are here to help.
These are often the aspects of selling a business that most people find to be challenging, overwhelming and confusing. By completing these tasks for you or assisting you in completing these tasks, our business brokers are simplifying the sale of your business for you.

Comments

Post a Comment

Popular posts from this blog

Elgin, Illinois Business Brokers

Image
Elgin Business Brokers If you are selling a business , it is important that you get the assistance of a qualified business broker. A qualified business broker will handle all of the details for you and provide you with all of the information that you need to successfully sell your business. But above all else, the main function of any business broker is to make the process of selling your business easier for you. They should have local knowledge of the marketplace and community and be there for you at all times. At the Elgin, Illinois, office of Morgan & Westfield, these ideal qualities perfectly describe our business brokers. We are local business brokers with the ability to assist you in every aspect of selling your business and pride ourselves on being there for you at all times. If you are selling a business in Northern Illinois and you want to work with a team of professionals that exemplify each of these ideal qualities, contact the Elgin, Illinois, of...
Read more

Why Business brokers are Important in Selling Your Business

There is a role for a business broker in selling your business . Basically they will make it happen quicker and often at a better price than you could have received on your own. There are many reasons to use a business broker when selling your business. The most basic reason is they are in the business of selling businesses. They will market your business and help to get prospective buyers to look at your deal. They will help in setting an asking price based on their knowledge and experience. If they have gone through the certification program their price would be considered expert testimony and therefore is given a great deal of credit-ability. Keeping the owner from underselling their business or over pricing their company is part of their legitimate function to their client. Since they know how to find buyers who are qualified and ready to deal on a business of their liking, they can help to cut down the time a business has to be on the market. Consistently a business broker will...
Read more

Tyler, Texas Business Brokers

Image
Tyler Business Brokers How Our Business Brokers Can Help At Morgan & Westfield, we understand how challenging it can be to sell your business . The entire process can be stressful, confusing, and overwhelming. This is where a professional broker can help. We can simplify the entire process for you and eliminate the confusion. This is particularly helpful because while you may be selling your business, you are also still running your business. You need to maintain your focus because otherwise, the operations of the business will suffer and the value of your business will decrease. This is the last thing that you want. When you let our team of business brokers do the leg work of selling your business, you can focus on the important task of running it. Selling your business through a business broker is also likely to increase the profit that you receive. In fact, business owners that choose to sell their own business typically end up selling significantly b...
Read more