Thinking of selling now or in the not-too-distant future? Here are a few things to do that will definitely help – and, if you decide not to sell, they are items you should do anyway.

o Develop an Operations Manual and an Organizational Chart.
o Remove personal assets and expenses from the business.
o Resolve any pending litigation or regulatory issues.
o Finalize any copyrights, patents or trademark issues.
o Sell off any non-producing assets or equipment.
o Make sure financial records are clear, concise and current.
o Get Employment Agreements and Non-Disclosure Agreements with key employees.
o Build a detailed customer/client list and obtain contracts with them if possible.
o Formalize agreements with suppliers and vendors if possible.
o Make sure your Web site is current and really impressive.