Most buyers want a business that runs without you. They're looking for documented processes that work, not a job where they have to figure everything out from scratch.
They typically want to buy your business because it's a good investment and they don't want to buy a job. Not, not true of all buyers, but true of many of the buyers that you would potentially get your business in front of. So that's one of the things is that owner involvement in those different areas of the business. Do you have documented processes and are they followed by everybody in your business? So do you have repeatable processes that, you know, because you've already vetted the process, you've already run into the issues that you potentially could have with that process, and then you've built in changes to the process to make sure that you don't end up having that issue again in the future.
How Can You Maximize Your Business Value Before Selling? with Randy Katz Video
