When the time comes to consider selling, it’s easy to feel buried in uncertainty and daily chaos. How do you prepare your business for sale? In this episode, Tom Wadelton and Adam Hale from Summit Virtual CFO by Anders walk you through what it really takes to prepare your business for sale. They share straightforward insights into how to think beyond putting out daily fires and start making strategic moves that increase the value of your business.  Adam and Tom break down key valuation metrics like EBITDA, what buyers are really looking for, and how documenting your business’s financial story today can add real dollars to your sale price down the road.  You'll also hear real talk about succession planning, seller financing, and how to remove yourself from the center of your business so it runs smoothly without you. Tune in now and start building a business that’s ready for whatever comes next. ▶️ Preparing Your Business for Sale Episode resources:● Summit Virtual CFO by Anders website: <a href='https://www.summitcpa.net/'>https://www.summitcpa.net/</a> ● If you have questions or would like to be a guest on the show, email us at <a href='mailto:mcpasuccessshow@anderscpa.com'>mcpasuccessshow@anderscpa.com</a> ● Check out the Virtual CFO Playbook Course: <a href='https://vcfoplaybook.summitcpa.net/'>https://vcfoplaybook.summitcpa.net/</a> Quotes<ul><li>Tom Wadelton: "Having clear financial benchmarks and industry comparisons can significantly enhance the perceived value of your business when preparing it for sale."</li><li>Adam Hale - “To effectively prepare for a sale, businesses must proactively document their financial narratives and regularly track unusual items, ensuring clarity when potential buyers examine financial statements.”</li></ul> _________________________________________________________________________________________ The Modern CPA Success Show is the go-to podcast for accounting firm owners eager to enhance profitability and master Virtual CFO services. This podcast leverages combined expertise in delivering top-tier Virtual CFO services across North America. Website: <a href='https://the-modern-cpa-success-show.simplecast.com/'>https://the-modern-cpa-success-show.simplecast.com/</a>  Facebook: <a href='https://www.facebook.com/vcfobyanders'>https://www.facebook.com/vcfobyanders</a>  Linkedin: <a href='https://www.linkedin.com/company/vcfobyanders/'>https://www.linkedin.com/company/vcfobyanders/</a> Instagram: <a href='https://www.instagram.com/vcfobyanders'>https://www.instagram.com/vcfobyanders</a> YouTube: <a href='https://www.youtube.com/@vcfobyanders'>https://www.youtube.com/@vcfobyanders</a>   X: <a href='https://x.com/vcfobyanders'>https://x.com/vcfobyanders</a>  ________________________________________________________________________________________ Tom Wadelton is a Virtual CFO at Summit CPA Group, bringing over 20 years of financial expertise from his tenure at a Fortune 500 company. He has extensive experience spanning financial management, accounting operations, and information technology integration. Tom specializes in delivering strategic virtual CFO services, helping businesses optimize their financial performance through advanced accounting solutions. Website: <a href='https://www.summitcpa.net/'>https://www.summitcpa.net/</a>   LinkedIn: <a href='h</truncato-artificial-root>'>

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