Is my Business Ready to Sell? Take the quiz and find out. Instant Results Is my business ready to sell? How long have you owned the business you are selling? * 0-1 Year 1-2 Years 2-3 Years 4-5 Years 5-10 Years 10 + Years How many total hours a week do the owner(s) work? * 5 Hours or less a week 5 to 10 Total Hours a week 10 to 15 Total Hours a week 15 to 20 Total Hours a week 20 to 25 Total Hours a week 25 to 30 Total Hours a week 30 to 40 Total Hours a week 40 to 50 Total Hours a week 50 to 60 Total Hours a week 60 + Total Hours a week Are there official bookkeeping records? For example, tax returns, P&L statements, balance sheets, etc. * Yes, by a professional (Accountant/CPA/Professional Book Keeper Yes, by self (Quickbooks or similar) Yes, by Self (Excel or similar) Sort of No Formal Records Does your business tax returns match your business financial records (P&L Statements)? * Yes, exactly Yes, with small deviations They are somewhat close No Can you provide all documentation needed for the sale of your business? - For example, previous P&L's, tax returns, business bank statements (sometimes personal too), etc. * Yes Most Items Some Items No In the past 1-5 years, has your business been increasing, declining, or up and down? * Increasing Steady Up and Down Declining In the last 12 months, has sales been increasing, declining, or same as previous 12 months? * Increasing Steady - Same as previous 12 months Up and Down Declining How hard would it be to train a new owner to operate your business? * Very Easy Easy, minimal learning curve Moderate, some special training required Hard, requires special skills Very Hard, requires special skills and significant training What is your gross revenues/sales? * Less than $100,000 $100,000 to $200,000 $300,000 to $400,000 $400,000 to $500,000 $500,000 to $750,000 $750,000 to $1,000,000 $1,000,000 to $2,500,000 $2,500,000 to $5,000,000 $5,000,000 + What is your total discretionary income? Please include any expenses that would not be present if a new owner owned the business. For Example: Net Ordinary Income + Officer Compensation + Personal Auto Expense Business Pays For + Personal Health Insurance + Ect). * $50,000 or Less $50,000 to $75,000 $75,000 to $100,000 $100,000 to $150,000 $150,000 to $200,000 $200,000 to $250,000 $250,000 to $300,000 $300,000 and up If you are human, leave this field blank. Submit