Is your business ready to sell?

Getting Ready to Sell
Written By Scott Young

A few quick questions you can ask yourself to know if your business is ready to sell:

  • Do we have a strong management team in place that can run the business successfully without the owner’s involvement?

  • Do we follow efficient and documented operating processes?
    Is our customer base diversified?

  • Are our customer, personnel and vendor contracts and agreements legally sound?
    Is our customer base diversified?

  • Do we have a strategic plan that outlines how we plan to achieve our growth goals?

  • Do we have financial controls and reporting that supports management decisions, including a budget, forecast and cash flow forecast?

Scott Young https://highpointcfo.com/
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