Transitioning from self-employed to business owner doesn’t happen overnight. It requires a proactive strategy.
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Selling Your Business? Pass the Transferability Test
When it comes to selling your business, one critical question determines its true value: Can it thrive without you? Buyers aren’t just purchasing your revenue—they’re investing in a system that works independently of the owner. That’s where the Transferability Test comes in.
How to Value Your Small Business Before Selling: A Step-by-Step Guide
Gather Financials
Collect three years of profit-and-loss statements, balance sheets, and tax returns. Buyers want clean, organized data to assess profitability.