Run your business as if you're selling it tomorrow. Keep P&L statements current, organize financial records, make sure contracts are assignable, and track revenue clearly. Acquirers value clean operations and predictable income streams.
You should always build your business as if you're going to sell it one day. Yep. That's great advice. Even if you don't have any plans to sell it, even if you want to pass it down to your kids one day, you should organize it as if you would. For an example, make sure your monthly P&Ls are done in time, right? And that you always know where your financials are. Make sure all your paperwork are organized because one day if you did decide to sell, they're going to ask you for it. You know, have all of your contracts in place with your owners, make sure they're assignable. And then of course, consider your revenue because Pure or anyone else who might be looking at acquiring your company, they're going to look at your revenue to help determine how much they should offer you.
