Abilene, Texas Business Brokers | M&A Advisors

Business Broker and M&A Services in Abilene, Texas

Selling Your Business With a Professional Business Broker

When meeting with business owners interested in selling their business, we are often asked, “Why should I use a business broker?” Although businesses can be sold privately, utilizing the experience and expertise of a professional business broker will ensure that the process goes smoothly and that you get top dollar for your company. There are many reasons why getting professional guidance is beneficial, but a few of the biggest reasons include:

• Experience: At the Abilene, Texas, office of Morgan & Westfield, our business brokers have more than 100 years of combined experience. Because of our extensive experience, we know many of the “tricks of the trade.” We know the common errors that are made and the common setbacks that can occur. Our experience can help you avoid and overcome these challenges.
• Advice: Our knowledge and experience allow us to advise you on strategies to overcome or prevent any challenges that may arise. We will clear up any points of confusion, thereby reducing the anxiety that often comes with navigating this complex process.
• Price: The fact is, the majority of business owners who choose to sell their business personally end up selling for a lower price than the business might otherwise demand. Inexperience with negotiating business sales, failure to properly structure the sale, an inability to find qualified buyers and an inability to maintain the business’s value during the process of selling it could lead to this costly mistake. When working with our professional business brokers, our experience in all of these areas will help you to sell your business for a higher price.
• Connections: Many business owners lack adequate connections to industry professionals. Having access to lawyers, accountants, banking professionals and tax advisors can be an incredible asset. These people can help you to properly structure the sale, overcome any setbacks that may occur, secure financing and prevent costly mistakes. At the Abilene, Texas, office of Morgan & Westfield, our business brokers have connections both in West Central Texas and nationwide. By connecting you to these industry professionals, we ensure that regardless of any unexpected obstacles that may arise, you will always have access to the help that you need.
• Speed: Businesses that are sold directly by their owners often take much longer to sell than if they were sold by a business broker. This is because the average business owner lacks experience and time, which often slows the process or leads to errors that slow the process. At Morgan & Westfield, our business brokers will constantly move the process forward. We have the knowledge to avoid costly mistakes. And because selling businesses is all that we do, we are able to focus exclusively on the sale of your business. For these reasons, our business brokers are able to expedite the process of selling your business.
• Exposure: The average business owner does not have the resources to properly advertise their business’s sale to a large audience of potential buyers. At the Abilene, Texas, office of Morgan & Westfield, our business brokers have access to a national database containing thousands of individuals interested in purchasing a business. Through these resources, we are able to create and implement a marketing campaign that exposes your business to a massive audience of potential buyers both locally and nationally.
• Protection: Most business owners are unaware of how to properly protect their business’s privacy. This inexperience can lead to information leaks, which can be detrimental to your business’s value. At Morgan & Westfield, we use non-disclosure agreements, confidential marketing techniques, and insider advice to maintain your business’s privacy.