Planning to Sell Your Business? 17 questions.
Max.
score 85. How did you do?
1
Have you had or are you planning to have your business valued?
No 0
Yes 5
2
Do you have audited financials?
No 0
Yes 5
3
Can you get away on vacation or holiday and have the company run without
you?
No 0
Yes 5
4
Are you planning to remove family members working in the business?
No 0
Yes 5
5
Does your company have a written procedure and operating manual for the
business?
No
0
Yes 5
6
Have you written job descriptions for all employees?
No 0
Yes 5
7
Can you sell off unnecessary assets?
No 0
Yes 5
8
Can you eliminate unproductive employees?
No 0
Yes 5
9
If you have large inventory, can you reduce inventory to at least a
manageable level?
No 0
Yes 5
10
Does your largest customer represent more than 10% of your
business?
No
0
Yes 5
11
If you lease space, do you have options to extend the lease?
No 0
Yes 5
12
Can you keep your accounts receivable higher than your accounts
payable?
No 0
Yes 5
13
Can you reduce your total accounts payable to a 30-day average?
No 0
Yes 5
14
Can you reduce the amount of personal perks in the business?
No 0
Yes 5
15
Can you reduce/delay unnecessary large purchases?
No 0
Yes 5
16
Can you focus on increasing your yearly sales?
No 0
Yes 5
17
Can you focus on increasing your yearly profits?
No 0
Yes 5 Chris Wilkinson.
Certified
Business Behaviour & Attitudes Analyst.
Business
Coach.
Tel:
(905) 275-2907 (Mississauga--Canada).
E-mail: buspilot@bell.net
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