Owner guide
Preparing your business for a future sale
Preparation can help an owner explain how the business performs and what a transition might require. You can organize information before deciding whether to sell.
Organize financial records
Gather recent financial statements, tax filings, current-year results and a clear record of debt, owner compensation and unusual expenses. Reconcile differences where possible and ask your accountant to explain items that may need context.
Document how the business operates
Write down core processes, key responsibilities, systems, licenses and contracts. Identify customer or supplier concentration, important renewals and work that currently depends on one person.
Review transition questions
Consider who could manage daily work, what training would be needed and whether a lease, equipment, inventory or real estate arrangement would transfer. The answers can help clarify the owner’s preferred timing and role after a sale.
Protect sensitive material
Do not send financial statements, tax records, customer lists or passwords with an initial inquiry. Keep originals secure and share selected records later through a controlled process agreed with the people advising on the transaction.
A private first step
Start with the details you are comfortable sharing.
The initial inquiry is a place to describe the business and your timing. You do not need to attach confidential records.
Start a confidential inquirySee how the first conversation works
General information only. SellerInquiry does not provide valuations or legal, tax, accounting, or brokerage advice.