The Exit Readiness Quiz

22 Yes/No Questions to Find Out If Your Business Is Exit Ready

(& discover what you need to fix to make it an owner-independent powerhouse that can be sold)

Click in Next to start ⤵️

Owner Independence:

Can your business run for 30+ days without you? *

Yes

Are you no longer the person doing most of the sales, delivery, or operations? *

Yes

Is your business over 5 years old? *

Yes

Systems & Tools

Do you have documented SOPs for all core processes? *

Yes

Could someone produce consistent, high-quality results by following those SOPs without needing you? *

Yes

Do you have clear KPIs in place to measure performance? *

Yes

Do you use a CRM to track leads, customers, or sales? *

Yes

Do you use a centralised internal communication system (like Slack or Teams)? *

Yes

Do you use cloud-based accounting software (like Xero or QuickBooks)? *

Yes

Do you have an up-to-date organisational chart? *

Yes

Team & Delegation

Do you have a key team member or second-in-command who can lead without you? *

Yes

Are day-to-day tasks fully delegated (not bouncing back to you)? *

Yes

Can your team operate without constantly needing your approval or input? *

Yes

Do your team members understand their roles and responsibilities clearly and take full ownership AKA can they do their job without your close guidance and micromanagement? *

Yes

Financial Strength

Are your financial records up to date, clean, and accessible? *

Yes

Do you track key financial metrics weekly/monthly (like revenue, profit, and cash flow)?

Yes

Is your business consistently profitable year on year? *

Yes

Do you have recurring revenue or long-term customer contracts? *

Yes

Scalability & Buyer Appeal

Is your product or service clearly defined and standardised (not built from scratch and customised for each customer)? *

Yes

Would a buyer understand how your business works without needing you to explain it - AKA do you have the equivalent of an “owners manual” where a new owners could walk in and know exactly how to run it without your guidance)? *

Yes

Do you have an exit strategy plan and know exactly what you need from an exit (not just financially but personally and what type of deal structure best suits your needs). *

Yes

Are you building the business with the goal of it one day running without you? *

Yes