Transition Readiness Checklist

Criteria	Completed	Planned Timing
Is your Company Positioned for Best Value & Attractiveness to Buyers? Company profits maximized last 3-5 years Company’s true profitability is verifiable Potential for growth in the future
Has the Owner left enough time; to identify the right buyer and transition? Seller willingness to stay on, often for a year or longer: usually on a reducing basis is attractive to many buyers Other senior staff available to replace owner re skills/knowledge & client relationships Payment structures for Sale; often require the seller to stay engaged through vendor-take back notes or earn- outs
Have Non- Business/ Redundant Assets been removed from the business ? Buildings Personal assets
Does your Company Value Today meet your Personal Needs for the Future? Assessment of personal financial requirements from company sale Plan/timeline to increase company value Tax Advice re expected after-tax proceeds from company sale.
Have you set up a defined Family Succession strategy? Capability and interest of proposed heir/successor Structured transition plan in place to transfer: skill, knowledge, and financial
Have the company’s Legal Agreements been reviewed? Company ownership structure: corporation, sole proprietor, partnership Shareholder Agreements; in place If multiple owners Employee Agreements; to reduce buyer risk

Criteria	Completed	Planned Timing
Is your Company Positioned for Best Value & Attractiveness to Buyers?
Has the Owner left enough time; to identify the right buyer and transition?
Have Non- Business/ Redundant Assets been removed from the business?
Does your Company Value Today meet your Personal Needs for the Future?
Have you set up a defined Family Succession strategy?
Have the company’s Legal Agreements been reviewed?

“Helping Businesses Thrive Through Transition”

Schedule your complimentary 30 minute overview discussion today!