Pre-purchase Due Diligence
By having Performance Business Brokers perform a Pre-Purchase Due Diligence on the business that you are considering purchasing, you can be assured that the claims of the Seller are accurate, before making a final commitment to purchase the business. Having this preliminary due diligence performed by an outside party eliminates direct conflicts between the Buyer and the Seller and promotes a smoother purchase transaction. Also, things may be found that may alter the Fair Market Value of the business, as well as things that could possibly cause problems in the purchase transaction. For these reasons, it makes perfect sense to have a qualified professional perform a Pre-Purchase Due Diligence.
In order to perform a comprehensive Pre-Purchase Due Diligence, we will require the full co-operation of the business Seller. We will need to meet directly with the Seller, the Seller’s key staff, accountant, lawyer and possibly some of the Seller’s other business advisors to compile the necessary information. Keep in mind, this is the very information that every qualified prospective Buyer should want to see and verify when they do their final, official due diligence, prior to purchasing any business.