Exit Readiness Assessment

1. Do you have a clear reason & target timeline for exiting?

Yes, both are clear I have a rough idea Not yet

2. Are your financial statements clean, current, & externally reviewed?

Yes Mostly No

3. Could the business run day to day without you for a month?

Yes, comfortably With some gaps Not really

4. Is your revenue spread across many customers rather than a few?

Yes, well spread Somewhat concentrated Heavily concentrated

5. Do you have a management team that could stay on after a sale?

Yes A partial team No, it is mostly me

6. Are your key processes documented rather than only in your head?

Well documented Partly Mostly informal

7. Do you have recurring or contracted revenue?

A strong base Some Little to none

8. Has your revenue & profit been stable or growing recently?

Growing Stable Declining or uneven

9. Do you have a current, realistic sense of what the business is worth?

Yes A rough sense No

10. Do you have a personal financial plan for life after the sale?

Yes Started one Not yet

11. Are your contracts, leases, & corporate records in good order?

Yes Mostly They need work

12. Are your key assets or equipment in good, transferable condition?

Yes Mixed Not really, or not applicable

13. Is there a clear growth story a buyer could continue?

Yes Somewhat Not obvious

14. Are you personally ready to let go & move to what is next?

Yes Getting there Not sure