Whether an owner is considering a sale, a partner or new funding, preparation improves the outcome.
Buyers, partners and lenders all ask similar questions. Having the answers ready makes the process faster and builds confidence.
Financial records
Three years of accounts, up-to-date management accounts, a current cash forecast and a clear explanation of any unusual items.
Customers and contracts
A list of key customers and suppliers, copies of important contracts, and an understanding of any concentration risk.
People
An organisation chart, employment contracts and a view of who is critical to the business.
Compliance
Evidence that tax, employment, data protection and health and safety obligations are met.
The story
A short, honest account of where the business has come from, where it could go, and what it needs to get there.
This article is general information, not financial, legal or tax advice.