Rockford, Illinois Business Brokers | M&A Advisors

Morgan & Westfield, Business Brokers of Rockford, Illinois

Successful Business Sales

The primary reason for working with a professional business broker is to ensure that your business is sold successfully. The last thing you want after your years of hard work and dedication in your business is to go through an unsuccessful sale that ends in default, non-payment, and legal battles. At Morgan & Westfield, our business brokers will make sure that this does not happen.

We will work to provide you with high-quality buyers who have been properly vetted to ensure their legitimacy. Our brokers will personally screen every buyer before we introduce them to you to verify both their financial ability to purchase your company and their ability to take over ownership effectively.

After screening buyers, we will guide you through the negotiation process so that negotiations will result in a mutually beneficial agreement that is conducive to a successful sale. Our business brokers will also aid you in properly structuring the sale and securing financing, thereby making repayment more likely.

Our brokers at the Rockford, Illinois office of Morgan & Westfield have over 100 years of combined experience in facilitating business sales. We also facilitate hundreds of business sales every year. So our business brokers know what it takes to successfully sell your company.

You have dedicated yourself to building your business; do not take a chance on selling it on your own, only to risk an unsuccessful sale. Utilize the assistance of our business brokers at the Rockford Illinois office of Morgan & Westfield to ensure that your company is sold successfully.

Services offered by Morgan & Westfield, Rockford, Illinois

At Morgan & Westfield, our business brokers work to guarantee a successful sale and make the sales process easier for you by handling the technical aspects of the sale. Our business brokers provide a variety of services to address these more technical tasks, including:

  • Business appraisals
  • Creation of an offering memorandum
  • Creation and execution of a customized confidential marketing campaign
  • Buyer screening services
  • Negotiation facilitation
    • Assistance in choosing an effective negotiation strategy
    • Assistance in properly structuring the sale
  • Closing services
    • Assistance in finalizing contractual terms
    • Assistance in completing sale paperwork
    • Assistance in accomplishing your seller obligations

Professional Advice

Because most business owners have never gone through the process of selling a business before, there is often a lot that they may not know. Many “tricks of the trade” or “insider tips” can prove helpful as you navigate this process.

Our business brokers at the Rockford, Illinois office of Morgan & Westfield make it a point to provide you with this insider information in the form of advice. The following are some examples of the helpful advice that our business brokers give:

  • To make the sales process easier, have your financial information prepared by a professional before you begin the sales process.
  • Prepare yourself for the sale. Sales tend to go more smoothly when the seller is fully committed to the sales process.
  • Work with qualified buyers only. For successful repayment, your buyer will need to operate the business to its potential. If the buyer is not capable of operating the business and they fail, repayment is far less likely.
  • Maintain good rapport with buyers. You will need to negotiate and communicate with them in the future, and this is far easier if you have a good relationship.
  • Consult a tax professional to best prepare for the tax implications of selling your business.
  • Use non-disclosure agreements and discretion to ensure that your confidentiality is protected.
  • Be prepared to sign a non-compete agreement, as this is a standard clause for business sales.
  • Be ready to train your buyer, as this is a common seller obligation.
  • Maintain realistic expectations in terms of the sale price and the time it takes to complete the sale.
  • Understand that your company’s value is ultimately determined by the market and how much a capable buyer is willing to pay.
  • To guarantee a successful sale and that you receive the highest sale price possible, always seek the assistance of a professional business broker when you are selling your business.

Through providing you with advice, our business brokers will teach you about the business sales process. This makes you more informed, reducing your stress and making the process easier for you.

Business Brokers of Northern Illinois and Southern Wisconsin

At the Rockford, Illinois office of Morgan & Westfield, our team of professional business brokers offers advice and services exclusively to the business owners of our local communities. We choose to operate locally so that we can maintain a deeper understanding of the markets that we serve.

Our brokers focus their efforts on serving the communities in and around Northern Illinois’s Winnebago County and Southern Wisconsin’s Rock County. Specific communities in this region that we serve include:

Northern Illinois

  • Rockford
  • Loves Park
  • Machesney Park
  • Roscoe
  • Rockton
  • South Beloit
  • Harrison
  • Shirland
  • Durand
  • Pecatonica
  • Winnebago
  • Seward
  • Argyle
  • Cherry Valley
  • New Milford
  • Davis
  • Dakota
  • Cedarville
  • Ridott
  • Freeport
  • German Valley
  • Florence
  • Baileyville
  • Egan
  • Forreston
  • Adeline
  • Leaf River
  • Byron
  • Oregon
  • Holcomb
  • White Rock
  • Lindenwood
  • Stillman Valley
  • Esmond
  • Kirkland
  • Kingston
  • Herbert
  • Colvin Park
  • Irene
  • Marengo
  • Garden Prairie
  • Belvidere
  • Timberlane
  • Russellville
  • Capron
  • Poplar Grove
  • Hunter
  • Blaine
  • Lawrence

Southern Wisconsin

  • Beloit
  • Foxhollow
  • Clinton
  • Crestview
  • Shopiere
  • Afton
  • Avon
  • Newark
  • Allens Grove
  • Darien
  • Fairfield
  • Emerald Grove
  • Brodhead
  • Orfordville
  • Hanover
  • Footville
  • Janesville

Each year, our business brokers facilitate hundreds of business sales within the communities that make up this region of Northern Illinois and Southern Wisconsin. We have facilitated the sales of companies of all sizes, which range in value from $50,000 to more than $75 million, and in nearly every industry in this region.

To learn more about how our business brokers can facilitate the successful sale of your business, contact the Rockford, Illinois office of Morgan & Westfield to schedule your free consultation today.

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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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About Rockford, Illinois

Rockford, Illinois, situated in Winnebago County, is a dynamic city known for its industrial heritage, cultural attractions, and outdoor recreational opportunities. As one of the largest cities in Illinois outside of the Chicago metropolitan area, Rockford offers residents and visitors a diverse array of attractions and amenities.

The city’s downtown area features historic architecture, art galleries, and locally-owned shops and restaurants. The Coronado Performing Arts Center, a beautifully restored theater, hosts concerts, Broadway shows, and other live performances throughout the year.

Rockford is renowned for its cultural institutions, including the Rockford Art Museum, the Discovery Center Museum, and the Burpee Museum of Natural History, which houses the famous juvenile dinosaur “Jane.” These museums offer engaging exhibits and educational programs for visitors of all ages.

Outdoor enthusiasts can explore Rockford’s scenic parks, gardens, and recreational trails. Rock Cut State Park, located just north of the city, offers camping, hiking, fishing, and boating opportunities amidst rolling hills and sparkling lakes.

Find us on the map

Past Transactions - Business Sales or Appraisals

  • Automotive
  • Construction
  • Advertising Agency
  • Digital Marketing
  • Web Design Firm
  • Event Center
  • Fitness Center
  • Travel Website
  • Food and Beverage
  • Restaurant Chains
  • Technology
  • Assisted Living Facility
  • Family Medical Practice
  • General Healthcare
  • Professional Services
  • Apparel Manufacturer
  • Retail
  • Services
  • Sign Manufacturer
  • Automotive Parts Manufacturer
  • Food Products Manufacturer
  • Industrial Chemical Manufacturer
  • Franchised Fast Food Chain
  • Wholesale and Distribution

Meet Your Advisor

Jacob Orosz

President and Founder of Morgan & Westfield

20+ Years of M&A Experience: Over 20 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 6 Books on M&A: The Art of the Exit, A Beginner’s Guide to Business Valuation, The Exit Strategy Handbook, Closing the Deal, Acquired and Food & Beverage M&A

Host of M&A Talk: Host of the #1 podcast on mergers and acquisitions – M&A Talk.

Host of Food & Beverage Talk: Host of the #1 podcast on mergers and acquisitions specializing in the food & beverage industry – Food & Beverage Talk.

Host of:

The #1 Podcast on Mergers & Acquisitions

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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.
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