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7 Things to Do Before You List Your Business

· Updated · The ExitSpring Team
7 Things to Do Before You List Your Business
  1. Clean up your P&L. Separate personal expenses and get 12+ months of clean books.
  2. Document your SOPs. Buyers pay for transferability.
  3. Diversify traffic. Reduce single-channel dependence.
  4. Stabilize suppliers. Lock in contracts and lead times.
  5. Reduce owner dependence. Delegate before you sell.
  6. Protect your IP. Register trademarks; consolidate accounts.
  7. Know your numbers. Be ready to defend every line item.

Do these and you'll be better placed to command a higher multiple and a faster close.

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