article thumbnail

SaaS M&A Due Diligence Checklist: Prepare 6 Areas of Your Business for a Successful Exit

Software Equity Group

This means providing annual financial statements, detailed financial statements, access to historical audit work papers, a description of any significant or unusual accounting controls, and copies of the top five customer and vendor contracts. Consider these 11 areas of accounting due diligence.

M&A
article thumbnail

Exit Planning for Business Owners: Where to Start

Lake Country Advisors

Knowing your timing makes it easier to reverse-engineer a plan with manageable milestones. Clarify your financial needs : Estimate how much money you’ll need from the sale or transition to meet your future lifestyle and obligations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Sell My IT/MSP Company: Insights from Tim Mueller

How2Exit

He highlighted the need to have all legal and financial documents in order, including operating agreements, board minutes, and properly categorized financial statements. By highlighting these strengths, business owners can attract buyers who recognize the value of a well-established sales and marketing engine.

IT
article thumbnail

Breaking Barriers: Overcoming Challenges in Marketing Your Business for Sale

Sun Acquisitions

However, valuing a business can be complex, requiring understanding various factors such as financials, market conditions, and industry trends. Prepare a comprehensive package that includes financial statements, cash flow projections, and other relevant data to support your valuation.

article thumbnail

Breaking Barriers: Overcoming Challenges in Marketing Your Business for Sale

Sun Acquisitions

However, valuing a business can be complex, requiring understanding various factors such as financials, market conditions, and industry trends. Prepare a comprehensive package that includes financial statements, cash flow projections, and other relevant data to support your valuation.

article thumbnail

How to Maximize Your Earnings from Selling a Manufacturing Business

Lake Country Advisors

Several factors influence this valuation, including financial performance, market conditions, and growth potential. Financial Performance : This includes reviewing historical financial statements, such as income statements, balance sheets, and cash flow statements.

article thumbnail

The Great Game of Business: Teaching Financial Literacy and Ownership

How2Exit

rn To bridge this gap, the Great Game of Business aims to teach employees how to read and understand financial statements, such as the income statement and balance sheet. At great game companies, even if you're remanufacturing internal combustion engines, guess what guys? And can I do good at the same time? Guess what?