What Brokers & Bankers Want to See When Preparing a Business to Sell

What are the deal-breakers that keep a business from ever making it to the closing table?Preparing a business for sale requires more than just a "For Sale" sign; it requires meticulous alignment between what a broker can market and what a banker can actually finance. When you understand the specific documentation and operational transparency that professionals look for, you can significantly increase your valuation and decrease the time your business spends on the market.In this episode, we are breaking down the essential prep work required to make a business "bankable" and attractive to high-quality buyers. We explore the necessity of clean financial statements, the importance of removing "owner-dependency," and the specific red flags that cause bankers and brokers to walk away from a deal.Joined Today by Paul Long#BusinessExit #SellingABusiness #Brokerage #BusinessFinance #SBA #ExitStrategy #Entrepreneurship #Podcast