Free scorecard · 2 minutes
Could you sell your business tomorrow?
Answer 15 quick questions for an instant readiness score and the guide to read next. Your answers aren’t saved.
1.We have at least three years of clean, accountant-prepared financial statements.
2.Personal and business expenses are clearly separated.
3.We review monthly profit and cashflow reports.
4.The business could run for a month without me.
5.Key customer and supplier relationships aren’t only with me.
6.Our main processes are written down.
7.We have a capable second-in-charge or manager.
8.All staff have current written employment agreements.
9.Key staff are likely to stay through a change of owner.
10.No single customer is more than 20% of revenue.
11.We have repeat or contracted income.
12.Sales have been steady or growing for three years.
13.Our lease, contracts and IP are in order and transferable.
14.Tax, GST and compliance are up to date.
15.I know roughly what the business is worth.
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