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Home | About Us | Services | Listings | Contact Us | Client Login |
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in Western and Northern Michigan SELLING A BUSINESS (our other services are listed to the left) Performance represents profitable, privately held businesses in Western and Northern Michigan. We specialize in helping our clients achieve the maximum market value in the shortest time possible with complete confidentiality. Correctly pricing a business for sale in today’s competitive market and challenging economic climate is critical for success, and our clients benefit from our rigorous use of multiple valuation approaches and methods to derive and justify the maximum price for their businesses. Performance recognizes that every business is unique, and that is why we create a custom comprehensive marketing plan for every business that is designed to get results. Selling a business in today’s market can be very complex and time-consuming. Performance has developed the knowledge, tools, and systems to streamline the sales process, allowing our clients to focus on their businesses and future plans. Paperless Transactions The typical business sale involves hundreds of documents from financial statements to tax returns and lease assignments. During the sales process, the buyer and seller and their advisors will need to have access to these documents at various times. To expedite the sale and ensure a smooth transaction, Performance has invested in technology that will allow approved individuals to view these documents which are stored electronically at a secure, password protected site. This technology ensures that only approved individuals can look at documents which have been approved for their viewing. Library of Forms and Contracts Performance has developed a complete library of forms and contracts needed in the sale of a business, saving our clients the expense of having their advisors draft new documents. While we have taken care to assemble these documents, we encourage all our clients to have their legal and financial advisors review all documents used in the sale of a business. A La Carte Services Occasionally, business owners obtain a prospective buyer on their own before officially listing their business for sale. Recognizing that much still needs to be done to ensure the successful sale of the business, Performance is available on a fee for service basis to negotiate the price and terms of the transaction, assist with due diligence, draft purchase agreements and other necessary documents, and negotiate non-compete agreements and post-sale employment contracts. |
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