Invest in an Audit
By Brad Kirkpatrick
If your business has sales of $10 million or more, have your financials audited for three years before you go to market. Even smaller businesses may find that an audit makes sense.
Consider it an investment. With well-organized financials, audited by a respected firm, you will have a much better chance of selling your company at a higher value.
With validated financial accuracy, you increase your buyer confidence, shorten due diligence times, and help get your company sold. I’ve had corporate buyers and private equity groups alike tell me they offer more for businesses with audited numbers. It truly is an investment, versus a cost, that does have a good return at the end of the day.
