One of the biggest steps in selling your business is getting your documentation in order. While this guide focuses on businesses producing $500,000 to $5,000,000 in annual sales, most of what's here applies to businesses of different sizes as well.

Smart sellers know that preparation is everything. When your financials are clean, your operations run smoothly, and you've got the right team helping you, buyers notice. They see a business that won't keep them up at night worrying.

Business acquisition can be complex, especially for first-time buyers. I've seen deals get hung up simply because buyers don't understand the process or know what questions to ask. This guide consolidates practical insights to help you approach asset purchases with a clearer understanding of what's involved.

I've helped dozens of business owners prepare for successful exits, and I've learned that the highest valuations go to businesses that look ready to run without their current owner.