To achieve maximum value for your business, look at it from a potential purchaser’s perspective.
If you want to achieve maximum value for your business, it pays to assess it from a potential purchaser’s perspective. This is because a seller’s perspective often includes emotion, which has no value to a purchaser.
A savvy purchaser will perform a ‘due diligence’ as part of the process. Here are some aspects of this:
Much of this information was gathered from a Queensland Government document and as you can see it’s a pretty long list. If you’re planning to sell your business anytime in the future it would pay to put a plan in place to address these issues to avoid having to discount your sale price in compensation.
Sue Hirst, Cofounder & Director, CFO On-Call