Questions
Please rate your agreement with the following statement:
The business is dependent or reliant upon me
The other shareholders and directors are all aligned on strategy and direction
I know how much money I need to sell the business for to enable my lifestyle
I am confident about the value of my business on sale
I know the profile and potential type of buyer for my business
I understand why someone might want to buy my particular business
The business has at least a three year track record of profitable growth
The business produces regular management accounts
Cashflow behaviour is monitored, understood and documented
The business holds regular board meetings and formally minutes them
There is a documented strategy for where to play and how to win
There is a documented business plan to execute the strategy
The sales process is understood and documented
The sales pipeline is measured and can be evidenced
Operations are codified into a manual
There is a written organisation structure, with clear roles and responsibilities
Contracts are in place with all customers
Health and safety is robustly managed and documented
There are no outstanding disputes or litigation
All relevant intellectual property is secured and documented