Georgia Business Exit Checklist: Prepare Your Business for Sale with Confidence


Georgia Business Exit Checklist: Prepare Your Business for Sale with Confidence

Thinking of selling your Georgia business? Preparation is everything.

This checklist outlines exactly what we help our clients complete before launching a sale. It’s designed for business owners across Cobb, Gwinnett, DeKalb, and surrounding counties who want to maximize price, protect confidentiality, and close fast.

✅ Georgia Business Exit Checklist

Valuation & Goal Setting
☐ Get a confidential business valuation (based on SDE)
☐ Review 3-year financial performance
☐ Define your target exit price and timeline
☐ Identify any red flags that may reduce value

Financial Cleanup
☐ Normalize SDE by removing personal and one-time expenses
☐ Ensure clean, categorized P&Ls and tax returns
☐ Convert handwritten or unrecorded transactions into reportable data
☐ Prepare a Trailing Twelve-Month (TTM) summary

Exit Materials Prep
☐ Create a blind business profile (teaser)
☐ Write a seller Q&A to prepare for buyer interviews
☐ Develop a transition or post-sale involvement plan
☐ Sign a listing agreement with a broker you trust

Buyer Targeting & Launch
☐ Put NDA and buyer screening system in place
☐ List on platforms (BizBuySell, internal buyer list, broker network)
☐ Use current comps to support pricing
☐ Target zip codes with proven buyer activity (e.g., Cobb, Gwinnett, DeKalb)

Buyer Meetings & Offer Prep
☐ Qualify and meet with interested buyers under NDA
☐ Provide CIM (Confidential Information Memorandum)
☐ Discuss financing, seller notes, or earnouts if applicable
☐ Prepare and negotiate Letter of Intent (LOI)

Due Diligence & Closing
☐ Prepare legal docs: licenses, leases, vendor contracts, payroll
☐ Coordinate with legal, CPA, and tax advisor
☐ Support buyer site visits, interviews, and bank reviews
☐ Finalize closing documents, wire instructions, and transition plan

Seller Tips

  • Don’t release sensitive info before a signed NDA

  • Be transparent about your reason for selling

  • Clean books = strong offers

  • Be available—but flexible—during buyer conversations

Need help completing this checklist?
Call 678-470-8675 or email ramzi@vrbizworld.com
100% confidential. No pressure. Just honest guidance.

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