Owner independence
Could the business continue when the current owner is no longer making every decision or holding every relationship?
Selling a business
Before a buyer starts testing the business, take the time to identify the areas they may examine and the information that may need preparation.
What buyers may examine
A buyer’s review is rarely limited to today’s profit. They may want to understand how the business works, what depends on particular people or arrangements and whether the story can be supported. Use the check to identify where preparation may help.
Could the business continue when the current owner is no longer making every decision or holding every relationship?
Can a buyer follow the financial story and identify the context behind performance?
Are the key systems, arrangements and records organised for appropriate review?
What needs consent, support or preparation before the business can change hands?
Identify → Prepare → Disclose → Transfer
Through the buyer’s eyes
“What exactly is being sold, what supports its performance and what needs to transfer with it?”
The Business Seller’s Red Flag Guide provides a structured way to consider owner dependency, financial context, customer and supplier concentration, documentation, systems, contracts, people and handover. It helps you create questions for the appropriate professional rather than attempting to answer them for you.
Download the Business Seller’s GuideA clearer next step
Use the free Business Seller Check for a focused preparation starting point.