Getting Your Financial House in Order

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Your sales presentation to a prospective buyer will include the company financials for the past 3 years. Therefore, you should always prep your business to show a 2 or more year up-trend that supports your market value. This includes:

• increasing sales from the prior year
• incurring expenses that directly grow the business
• building a positive cash-flow stream
  
  Additionally -
  
  
• get rid of excess inventory
• pay off short and long-term obligations
• show a history of collectable receivables
• maintain a strong credit record with your lender
• resolve any complaints with business bureaus or other

About This Guide

We will review the financial requirements needed to secure the maximum value for your business. Our topics:

• reviewing the income statement
• review the balance sheet: asset holdings
• review the balance sheet: liabilities
• recasting the company financials
• building the company cash flow position
• making financial projections