Topeka, Kansas Business Brokers | M&A Advisors

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.

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:

  • Performing a formal business valuation
  • Creating and employing a customized confidential marketing campaign
  • Finding a suitable buyer
  • Screening potential buyers
  • Performing due diligence
  • Administrating the closing process

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.
  • 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 the Topeka, Kansas, office of Morgan & Westfield, our business brokers only sell businesses in our local communities. We specifically serve the communities of:

  • Topeka
  • Auburn
  • Pauline
  • Berryton
  • Wakarusa
  • Watson
  • Richland
  • Carbondale
  • Harveyville
  • Burlingame
  • Scranton
  • Overbrook
  • Globe
  • Stull
  • Lawrence
  • Tecumseh
  • Grantville
  • Thompsonville
  • Perry
  • Williamstown
  • Meriden
  • Rock Creek
  • Elmont
  • Hoyt
  • Williamsport
  • Willard
  • Maple Hill
  • Eskridge
  • Silver Lake
  • St. Marys
  • Rossville
  • Dover

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.

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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 Topeka, Kansas

Topeka, Kansas, situated in the northeastern part of the state, is the capital city known for its rich history, cultural attractions, and Midwestern charm. As one of the largest cities in Kansas, Topeka offers residents and visitors a blend of urban amenities, outdoor recreation, and historical significance.

The city’s downtown area features historic architecture, including the Kansas State Capitol building, which offers guided tours and panoramic views of the city from its dome. Nearby, the Kansas Museum of History and the Brown v. Board of Education National Historic Site provide insights into the state’s history and civil rights movement.

Topeka is also home to several parks, trails, and recreational areas. Gage Park, one of the city’s largest parks, features a zoo, botanical gardens, and a miniature train ride, while the Kansas River and Lake Shawnee provide opportunities for boating, fishing, and picnicking.

The city’s cultural scene is vibrant, with theaters, galleries, and festivals celebrating arts and entertainment. The Topeka Performing Arts Center hosts a variety of performances, concerts, and events, while the Topeka Art Guild showcases works by local artists.

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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Real Stories from Real Clients

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.