RockfordBusinessBroker.com is a site maintained by attorney Ander Smith to serve as a resource for business owners contemplating an eventual sale of their business. It’s currently a work in process.
Ander is a Rockford area native whose practice is dedicated to working with business owners at all stages of their business, from formation to an eventual ownership transition.
Ander works with clients to not only explain the general process of the sale of a business, but also guide in pre-sale planning to minimize the likelihood of an avoidable issue arising in the midst of negotiations with an interested buyer that could derail negotiations.
After working closely with a client to understand their business, Ander then reaches out to a targeted list of parties that may have an interest in the business, then works toward entering into a Letter of Intent with the best buyer candidate buyer.
Once a Letter of Intent is signed, Ander regularly continues to work with the client to review and negotiate a purchase agreement and other ancillary agreements. Alternatively, a client may elect to work with separate counsel for this portion of a transaction (perhaps an attorney they have a pre-existing relationship with), in which case Ander would simply remain available to assist as requested.