To prepare your home service business to sell, start years in advance, not months. Buyers will want several years of clean, accurate numbers: revenue, gross and net profit margins, owner pay, assets and EBITDA. Set a target for your sale, work out what the business needs to look like to get there, and focus on growing profit, not just revenue.
When you’re focused on getting through this week or this month, selling can feel a lifetime away. But the decisions you make now shape the payout you’ll get later.
Remember why you started
Most owners start their business for the same reasons: being your own boss, financial freedom and freedom of time. For many, the reality turns into long hours, unexpected expenses and stress. Thinking about your exit, and what you want from it, can be a powerful