Selling your business is a major decision and one of the most important financial transactions in your life. Whether you’re planning to retire, transition into a new venture, or just want to exit smart, the way you prepare your business can make a big difference in its value and saleability.
At OZ Advisory, we help Perth business owners sell successfully with the right strategy, support, and timing.
Here are five essential steps to help you prepare your business for sale:
1. Clean Up Your Financials
Buyers want clarity and confidence.
Make sure your financial records are up-to-date, accurate, and easy to understand. This includes:
- Profit and loss statements
- Tax returns
- Balance sheets
✅ Tip: Remove personal expenses and one-time costs to give a true picture of profitability.
2. Document Your Systems and Processes
Businesses that can run without their owners are more valuable.
Create documentation for:
- Key operations
- Employee roles
- Supplier relationships
- Customer service procedures
This shows buyers the business is organised, stable, and scalable.
3. Understand Your Business Value
Don’t guess get a proper valuation.
We offer confidential business appraisals to help you understand:
- What your business is worth
- How to improve its value
- What buyers are looking for in your industry
👉 Click here to request your free valuation.
4. Create a Growth Story
Buyers are not just buying your past success they’re investing in future potential.
Have a clear plan or ideas that show:
- Untapped marketing opportunities
- Expansion areas (online, product lines, geography)
- Client base growth potential
This adds emotional and financial appeal.
5. Work with a Trusted Local Business Broker
Selling your business isn’t just about putting it on the market. It involves:
- Pricing
- Buyer screening
- Negotiations
- Due diligence
- Legal and financial coordination
At OZ Advisory, we guide you through every step with local expertise and no upfront fees.
Final Thoughts
Preparing your business properly not only helps you achieve a higher sale price, but also ensures a smoother, faster transaction.
Whether you plan to sell next year or in the next five years, start preparing now.
🟢 Book a confidential chat with our Perth-based advisory team today Call Us: +61 1300 952 854