Professional Documents
Culture Documents
Once your business can run without you, you’ll have a valuable
—sellable—asset.
Relying too heavily on one client is risky and will turn off
potential buyers. Make sure that no one client makes up more
than 15 percent of your revenue.
Take some time to figure out how many pipeline prospects will
likely lead to sales. This number will become essential when
you go to sell because it allows the buyer to estimate the size of
the market opportunity.
Two sales reps are always better than one. Often competitive
types, sales reps will try to outdo each other. And having two on
staff will prove to a buyer that you have a scalable sales model,
not just one good sales rep.
Find an adviser for whom you will be neither their largest nor
their smallest client. Make sure they know your industry.