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    Sale readinessDecide what needs to be prepared before approaching buyers or advisers.DiligencePrepare a buyer-review file without turning diligence into an indiscriminate document dump.
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Sale preparation

How to Prepare a Business for Sale

Reconcile the financial record, document who runs the company without the owner, decide what can be shared at each stage, and identify contracts or licenses that may need consent. That work exposes problems while the owner can still choose the timing and sale path.

Part ofPrepare the company
Desk 0403Published guides
Featured guideSale readinessAnalysisUpdated Aug 19, 2026

How Long Does It Take to Sell a Business? From Prep to Close

Compare preparation, buyer search, LOI, diligence, signing, and closing timelines using adviser estimates and a 25-deal analysis.

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In Sale readiness

More preparation guides

  1. 01Sale readinessReferenceConfidentiality Agreement for Selling a Business: Customer DataDecide what customer data to share after a business sale NDA, when to reveal identities, who should see details, and how to close access.→
  2. 02Sale readinessGuideHow to Sell Your Business to a Competitor Without OversharingFTC guidance explains why competitors remain independent through closing.→
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Related topics

AdvisorsSourced practice profiles, disclosed portfolio coverage, and engagement-comparison guidance.→ValuationEstimate a credible range by understanding earnings, methods, transaction perimeter, and transfer risk.→Earnings qualityReconcile SDE, EBITDA, add-backs, revenue quality, and the records a buyer will test.→
NextGen Seller

Independent guidance on valuation, diligence, deal structure, readiness, and owner handoff for private-company sellers.

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