Mergers & Acquisitions

New Orleans, Louisiana Business Brokers | M&A

New Orleans, Louisiana, 70170

Call Us: (888) 693-7834

Who We Are

Morgan & Westfield, Business Brokers of New Orleans, Louisiana. There comes a time for every business owner when you must move on to another stage of your life. For most business owners, this means selling the business that you have dedicated so much of yourself to building. Unfortunately, the sales process can be challenging for most business owners. It can be overwhelming, intimidating and extremely stressful. Not to mention the fact that as a business owner, you probably have never been through the process of selling a business before.

However, at the New Orleans, Louisiana, office of Morgan & Westfield, our team of professional business brokers is dedicated to making the sales process easier for you. By providing a combination of guidance and technical services, our business brokers are able to simplify the process for you. We will guide you through each step and handle the more challenging tasks for you. Our brokers will also teach you about the sales process and answer any questions that you have along the way, eliminating any ambiguity. To learn more about the specific services that we provide, contact the New Orleans, Louisiana, office of Morgan & Westfield today.

Sell Your Business With the Business Brokers of Morgan & Westfield, New Orleans, Louisiana

Selling a business is an extremely complex process. There are countless variables that can impact how your business is valued, marketed and sold. Many of these factors are impacted by your local marketplace and the industry in which you operate. For this reason, our business brokers at the New Orleans, Louisiana, office of Morgan & Westfield choose to facilitate business sales for business owners only in our local communities. This includes the communities of:

New Orleans, White Kitchen, Eden Isle, Slidell, Lacombe, Mandeville, Madisonville, Covington, Akers, Ruddock, Laplace, Reserve, Gramercy, Vacherie, Saint James, Romeville, Chackbay, Thibodaux, Schriver, Gray, Bayou Cane, Houma, Bourg, Dulac, Cocodrie, Leeville, Grand Isle, Golden Meadow, Galliano, Cut Off, Larose, Lockport, Mathews, Gheens, Des Allemands, Paradis, Boutte, Luling, Lafitte, Barataria, Phoenix, Port Sulphur, Bohemia, West Pointe à la Hache, Delacroix, Reggio, Shell Beach, Saint Malo, Belle Chasse, Poydras, Gretna, Kenner and Metairie.

By choosing to operate exclusively within this region of Louisiana, our business brokers are able to better serve you. We have been able to cultivate and maintain relationships with countless local industry professionals who can assist our brokers with facilitating your sale. These relationships, along with the experience that our brokers have amassed over the years, also enable our brokers to maintain a unique understanding of the dynamics of the local marketplace.

Our ability to keep our finger on the pulse of the marketplace represents one of the key advantages to selling your business through Morgan & Westfield. As circumstances within the market change, our brokers are able to adjust their advice accordingly, thereby enabling you to optimize your sales strategy based on the current market conditions . Having the ability to understand and adapt to these market changes ensures that your business is always being sold with the best possible strategy and makes a successful sale far more likely.

Advice for Business Sellers

Because most business owners have likely never sold a business before, the entire process can be somewhat of an unknown. In order to illuminate the sales process and ensure that it goes smoothly, our business brokers will continuously provide you with advice. This advice includes tips for a smooth and successful sale, information about common seller mistakes to avoid and general information about the best ways to navigate the sales process. Some of the most common advice that we provide includes:

  • Be as accommodating as possible to potential buyers: It is important that you do whatever you can to build a good rapport with your potential buyers. Having a good relationship will make them more willing to trust you and work with you. One of the best ways to build a good relationship with your buyers is through making an effort to be accommodating. If they ask you for some information or paperwork, make an effort to provide it in a timely fashion. If they request a meeting at a specific time, make an effort to meet when it is convenient for them. These simple tasks can go a long way in terms of building a positive relationship with your potential buyers.
  • Sell your business as discreetly as possible: In order to protect your business’s value, it is absolutely vital that your business is sold discreetly. When businesses are not sold discreetly and information leaks cause your sale to become public knowledge, your company’s value will suffer. Customers will take their business elsewhere, employees will disengage and competitors will seize the opportunity to gain market share. The best way to maintain a discreet sale is simply to not tell anyone that your business is being sold until after the sale has been closed. However, this is not always possible. If this is the case, require anyone who has knowledge of your sale to sign a confidentiality agreement (including trusted employees).
  • Understand that business values are subjective: Valuing a business is not an exact science, and many experts disagree on the best methods. Ultimately, business valuations can be somewhat subjective. Even when two professional brokers are utilizing the same valuation methods, they may reach different conclusions about your company’s value. You must understand this and recognize that any valuation that you receive is only an estimate of your company’s value. Because it is only an estimate, you should always maintain some level of flexibility with the way you view your company’s value. And you must remember that no matter what the results of your appraisal are, only the market can determine your company’s true value.
  • Do not take negotiations personally: As a business owner you undoubtedly have a deep connection to your company and it is understandable that selling it can be an emotional experience. However, it is absolutely vital that you do not make emotional decisions. This is especially challenging during the negotiation process, as buyers will often make low initial offers with the expectation of negotiating with you. You must not take these low offers personally, as doing so can cause negotiations to break down before they even begin.
  • Consider financing your own sale: While seller financing is never required, there are many advantages to financing your own sale. So if you have the means to do so, you should at least explore this option.
  • Make sure that what you are selling is clear: Oftentimes business owners will tell their buyer that “everything is for sale.” However, this is not normally accurate. Most businesses will rent or lease some of their equipment or property. Because you don’t actually own this property, you cannot include it in the sale. Unfortunately, your buyer has no way of knowing what property you own and what property you are renting and therefore cannot sell; this leads to confusion. The best way to eliminate this problem is to make a list of all of the property that you own and will be selling. This list can then be presented to your buyer so that there is no ambiguity in what assets you are selling.
  • Prepare for your sale ahead of time: It is always best to plan and prepare for your sale before you enter the sales process. Doing so will significantly reduce the stress of selling your business and make the entire process easier. Entering the sales process prepared will also give buyers the impression that you operate with a level of professionalism and attention to detail, which will reflect positively on the way they view your company.
  • Sell through a professional business broker: While you are technically able to sell your business on your own, you are always better off selling through a professional business broker. Professional brokers can expedite the sales process, connect you with qualified buyers, ensure a confidential sale, facilitate a more profitable sale and make the entire sales process easier for you.

Selling Your Business Through Morgan & Westfield

At the New Orleans, Louisiana, office of Morgan & Westfield, our business brokers are dedicated to making it easier for business owners to sell their business. We provide advice, support, and guidance to business owners as they navigate the sales process. Our brokers also provide technical services that are designed to complete the most challenging aspects of the sales process for you. Through providing these services, our business brokers ensure a smooth and successful sale. If you are selling a business in the New Orleans area and you are looking for a way to make the sales process easier for you, then our business brokers are here to help. To speak with one of our brokers and learn more about how we can make it easier for you to sell your business, contact the New Orleans, Louisiana, office of Morgan & Westfield today.

Past Transactions - Business Sales or Appraisal

Following is a representative list of past transactions we have worked on:

Ambulance Service
Private Households
Vending Machine Route
Automotive Parts Dealer
Private School
Jimmy John’ Gourmet
B2b Wholesale
Produce Market
Janitorial Distributor
Baby Products Retailer
Quick Lube
Liquor Store
Creative Artists
Quick Print Business
Little Caesar’ Pizza
Café
Rope, Cordage Manufacturing
Motion Picture Exhibition
Day Care
Route Distribution Business
Motion Picture Production
Domestic Representation
Rubber Manufacturer
Non-Metallic Mineral Mining
Embroidery Shop
Spa
Non-Metallic Manufacturing
Estate Planning Services
Stainless Steel Food
Onshore Aquaculture
Fabric Store
State Government
Ophthalmic Practice
Furniture Retailing
Tee Shirt Shop
Hobby Shop
Grocery Product Distributor
Trade College
Internet Publishing
Glazier
Trailer and Motor Retail
Ice Cream
Huntington Learning Center
Tyre Manufacturing
UP Store

Our Process

How can Morgan & Westfield help you sell your business?

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Selling your business is the apex of your financial life. After investing your blood, sweat, and tears into an enterprise that has provided for you, your family and your employees, the moment has finally come for you to start a new chapter in your life.

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Client Stories

Sold How to Sell Your Business to the Right Buyer at the Right Price

Industry: Retail

Region: Midwest

Sold Keeping Your Financials In Order: This is Why it’s Important in Selling Your Business

Industry: Retail

Region: Midwest

Sold Miracle Method Done Deal

Industry: Services

Region: South Central

Sold New Miracle Method Owner Shares Tips in Selling Your Business Fast

Industry: Services

Region: West Coast

Sold Preparation: Key to Selling Your Business Fast

Industry: Automotive

Region: Mid-Atlantic

Sold Selling A Company: It’s Not Just Business, It’s Personal

Industry: Construction

Region: Mid-Atlantic

Sold The Burches – Mentally & Emotionally Prepared

Industry: Services

Region: West Coast

Sold This Is How You Sell A Business From 100 Miles

Industry: Services

Region: Midwest

Sold This Seller Found The Right Buyer In 4 Days, But Took 1 Year To Close The Deal. Here’s Why.

Industry: Services

Region: New England

Sold This Will Make You Sell Your Business in Tough Times

Industry: Services

Region: South Central

Sold Why Selling a Business Is More Than Just Finding a Buyer

Industry: Health Care

Region: Southwest

Sold Why You Need Patience in Selling Your Business

Industry: Food & Beverage

Region: Southwest

Sold Work On Your Business — Not In Your Business

Industry: Manufacturing

Region: West Coast

Sold You Need Persistence in Selling Your Business

Industry: Services

Region: Pacific Northwest

The Complete Guide to Selling a Business: A Roadmap to the Successful Sale of Your Business

The Complete Guide to Selling a Business: A Roadmap to the Successful Sale of Your Business

Written by Jacob Orosz, Founder of Morgan & Westfield

You could spend a lifetime figuring out how to successfully sell your business and still end up confused or clueless. What if you can stop the guesswork and start taking action now? With two decades of experience, Jacob Orosz puts together in this book the best tips and strategies he has used in helping hundreds of business owners successfully sell their companies.

Read more

Hundreds of companies have trusted Morgan & Westfield, from franchises, small independent businesses to large corporations.