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How to Know When You’re Actually Ready to Sell Your Business

Apr 10

3 min read

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Spoiler: Hating Mondays Isn’t Enough.

Hand letting sand fall on a beach with text "How to Know When You're Actually Ready to Sell Your Business" in glowing yellow. Black background.

Let’s just get this out of the way: Being tired of Mondays is not a good enough reason to sell your business. Neither is fantasizing about escaping that one employee who’s a little too chipper at 7:45 a.m.


Selling your business is a massive decision — emotionally, financially, and strategically. And it’s one that requires more than burnout or a vague “I’m over it” moment.


At Trending Up Business Services, we’ve seen owners jump too soon… and others wait too long. So how do you know when the time is actually right?


Let’s break it down.

 


  1. You Know Your Business’s Value — and You’re Okay With It

❌ If you’re guessing at what your company is worth (or just hoping for a big payday), that’s a red flag.

You’re ready when you’ve had a proper valuation — and it aligns with your financial and lifestyle goals.

 


  1. You’re Thinking Strategically — Not Emotionally

Feeling overwhelmed, underappreciated, or tired? Totally fair. But real readiness means you’re making the decision from a place of strategy, not survival mode.

Ask yourself:

  • What would life look like after the sale?

  • Have I planned for that next chapter?

If you're unsure, it may be time for planning — not signing.

 


  1. Your Business Can Run Without You (Mostly)

The more your company needs you to function, the harder it is to sell — and the less it's worth. If you’ve built systems, empowered leaders, and stepped out of the daily weeds… you're on the right path.


If not, the good news? You can start prepping now — we’ll show you how.

 


  1. You Have a Strong Team (and They Know What’s Coming)

If your exit would leave your staff shocked, scrambling, or unsure who’s in charge… it’s too early.


Buyers don’t just look at profits — they look at people. Team stability is deal stability.


(And yes, you can prepare them without triggering panic. We wrote a full guide on that right here.)

 


  1. You’ve Got Your (Financial) House in Order

No mystery expenses. No “creative” accounting. No shoebox full of receipts from 2018.


If your books are clean, organized, and separated from your personal life — congratulations, you’re way ahead of most owners.

 


  1. You Understand How to Sell Your Business (Or You Know Who Does)

If the words LOI, Due Diligence, or Earnout make your eyes glaze over — you’re not alone. But it’s time to catch up.


Selling is a process. And like most big decisions in life, understanding the terms gives you power.


That’s why we’re releasing weekly posts in our Trending Terms series — breaking down M&A jargon, one concept at a time.


👉 This Monday’s topic: Earnouts — what they are, how they work, and what to watch out for.(Missed LOI or Due Diligence? You’ve got some catching up to do. We’ve got you covered.)

 

✅ Final Thought: Real Readiness Is a Process

If you’re not quite there yet — that’s okay.If you’re already preparing — even better.


The key is not waiting until you’re desperate, burned out, or boxed into a decision. Start early. Ask smart questions. Build your exit, one step at a time.


📬 Get the Tools to Do It Right 📬


🧾 Download our free Exit Readiness Checklist - 10 questions to help you assess where you stand — and what to do next.👉 https://trendingupbiz.com/#subscribe

Business Readiness Checklist book cover on gold pedestal; backdrop of string lights. Text: "Trending Up Business Services: Our Network. Our Expertise. Your Legacy."

📰 And don’t miss Monday’s “Term of the Week” post on Earnouts. Join our newsletter and check the blog for new weekly insights — every week.

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