A business owner walks through ten practical steps to prepare for due diligence when selling your company. The speaker draws on their own first sale to explain what buyers will ask for, what documents matter most, and how to avoid delays that kill deals.
In a lot of ways, it was a good, like, first sale. It was my first time selling something and the buyer's first time buying something. And so we kind of, like, didn't really know what we were doing. So I think Microacquire is great. Here you have, like, a list of things that you should ask for in due diligence, I think. So he asked for several things, like screenshots of different things. Screenshots of, like, stripe and a quick code walkthrough, I think, just to make sure it wasn't, like, all spaghetti and then, you know, financials and stuff like that. Um, but it went pretty quickly because, like, it wasn't. It wasn't like I was selling a business with a bunch of employees. And so, like, there were, you know, a small fixed set of things he wanted to see. Um, and yeah, that's. So that's how due diligence went for us. It was. It was pretty painless, really.