Topeka, Kansas Business Brokers | M&A Advisors

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Business Broker and M&A Services in Topeka, Kansas

Business Sales Made Easier

At Morgan & Westfield, we understand how challenging going through the process of selling your business alone can be. Read more about The Process of Selling a Business

The fact that you might not be aware of the specific activities that this process entails can make selling even more challenging. And even if you are aware of all of the steps involved, you might not have the time or expertise to properly complete each one.

That is where our business brokers at the Topeka, Kansas, office of Morgan & Westfield come in. We will work to ensure that you understand how a business sale is done and guide you through the entire process. We can also complete or assist you in completing many of the steps involved, including:

Our business brokers can also assist you with the following tasks:

  • Officially listing the business for sale
  • Determining an asking price
  • Meeting and negotiating with potential buyers
  • Structuring potential deals
  • Completing all paperwork to finalize the sale
  • Accomplishing all contractual obligations associated with the sale

By completing or assisting you in completing each of these tasks, we are simplifying the process of selling your business for you. In doing so, we are able to: reduce your stress, save you time, prevent costly errors, protect your privacy, safeguard your company’s value, and allow you to focus on continuing to run your business.

Tips for Selling Your Business

As part of our commitment to assist business owners with the sale of their business, we will also continually provide you with advice. This advice is meant to help you better understand the sales process, prevent costly mistakes, and ensure that the sale goes as smoothly as possible. Some of the insider tips that our business brokers frequently provide include:

  • Prepare your financials: By having this information ready early in the process, you will be fully prepared when a prospective buyer asks for these documents. This will allow you to provide accurate information in a formal fashion very quickly, giving the buyer the impression that you are being professional and have nothing to hide. Having everything done ahead of time by a professional will also make things easier for you.
  • Be accommodating: If you are accommodating to potential buyers, they will feel more comfortable with you and will be more likely to trust you, which will make negotiations easier.
  • Sell discreetly: Selling your business as discreetly as possible will protect your privacy and your business’s value. Failure to maintain the confidentiality of the sale could be interpreted by competitors or customers as a sign of weakness, thus diminishing your company’s value.
  • Protect your confidentiality: Require anyone involved in the business’s sale to sign a confidentiality agreement. This contract will safeguard your privacy and your business’s value. Read more about Confidentiality
  • Run your business as usual: To prevent employees, competitors and customers from questioning the status of your company, continue to run your business normally. This includes maintaining the property and equipment, sustaining inventory levels, and maintaining a good rapport with all stakeholders. Keeping the business’s reputation intact is important; otherwise, the value of your company will be diminished.
  • Don’t take negotiations personally: Never take negotiations personally or expect your full asking price to be immediately accepted. Remember that both you and the buyer are trying to negotiate the most advantageous price, and negotiations are never personal.
  • Understand your lease: When your business is sold, you must be aware of how this will impact any lease agreements. Your location and equipment are valuable assets, and making sure that these assets can be transferred to a new owner or at least reasonably extended is important.
  • Consult a tax professional: Depending on how your business is incorporated and sold, there may be serious tax ramifications that you need to be aware of.
  • Know your obligations: As part of most business sales, you will have certain obligations that must be completed. For example, signing a non-compete agreement, training the new owner, transferring property, and filing specific paperwork. Be sure that you understand these terms and complete each of your obligations.

Business Brokers of Topeka, Kansas

One final tip: Always sell your business with the assistance of a local business broker. Local business brokers have an understanding of the dynamics of your specific market and how businesses there need to be valued and marketed. At 712 S Kansas Ave, Topeka, Kansas 66603, office of Morgan & Westfield, our business brokers only sell businesses in our local communities. We specifically serve the communities of Potwin Place, Collins Park, Highland Park, North Topeka, Westboro, and East Topeka.

In these communities and in many of the surrounding communities that make up this region of Northeastern Kansas, our business brokers have many local connections and extensive local knowledge, both of which have been accumulated over our business brokers’ more than 100 years of combined experience in selling businesses here.

To learn more about how we can utilize our extensive expertise to assist you in selling your business, contact the Topeka, Kansas, office of Morgan & Westfield today.

Our President is Your Point Person

Jacob Orosz Portrait

Jacob Orosz

President and Founder of Morgan & Westfield

25+ Years of M&A Experience: Over 25 years of experience facilitating mergers, acquisitions, sales, and other business transfers with transaction values up to $500 Million.

300+ Transactions: Successfully participated in or managed the sale of over 300 privately held companies representing both buyers and sellers in North America, Central America, South America, Europe, and Asia.

Author of 5 Books on M&A: The Art of the Exit, A Beginner’s Guide to Business Valuation, The Exit Strategy Handbook, Closing the Deal, and Acquired.

Host of M&A Talk: Host of the #1 podcast on selling a business – M&A Talk.

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Host of M&A Talk: The #1 Podcast on Selling a Business
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The Morgan & Westfield Advantage

At Morgan & Westfield, you’re in the C-suite. We don’t turn you over to a junior associate. You’ll work directly with the president of Morgan & Westfield, Jacob Orosz, who is with you from start to finish. Jacob has over 20 years of experience selling businesses, is the author of six books on M&A, and is the host of the #1 podcast on mergers and acquisitions – M&A Talk.

Free Consultation to Get You Started

No obligations, no strings attached

Thinking of selling your business? Get the answers you need – we’ll even give you some questions to consider. Explore your options now.

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Past Transactions - Business Sales or Appraisals

  • Advertising Agency
  • Apparel Manufacturer
  • Assisted Living Facility
  • Automotive
  • Construction
  • Digital Marketing
  • Event Center
  • Fitness Center
  • Food and Beverage
  • Franchised Fast Food Chain
  • General Healthcare
  • Professional Services
  • Restaurant Chains
  • Services
  • Sign Manufacturer
  • Technology
  • Web Design Firm
  • Wholesale and Distribution

Real Stories from Real Clients

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The Most Comprehensive Library of Resources on Buying or Selling a Business

Browse Our Content by Topic
  • Books: The Art of the Exit, A Beginner’s Guide to Business Valuation, The Exit Strategy Handbook, Closing the Deal, and Acquired – written by Jacob Orosz, president of Morgan & Westfield.
  • M&A Talk Podcast: The #1 podcast on mergers and acquisitions with over 150 episodes.
  • M&A Encyclopedia: 800+ pages of articles on every step of the M&A process.
  • Ask the Expert: Ask our team any question related to the sale or purchase of a business.
  • Downloads: Download forms and checklists for buying or selling a business.
  • M&A University: In-depth courses led by industry experts on M&A.