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Virtual CFO

Exit readiness

Short answer

Exit readiness work reviews an Australian business's books against a standard buyer diligence checklist before it goes to market, cleaning up owner add backs and working capital trends on your own timeline so a future buyer's diligence process turns up fewer surprises.

13-week cash forecast

Illustrative client · August 2026

AUD

Cash today
$244,220
Lowest week ahead
239,800
Largest outflow
Payroll, 46,300
6 weeks ago+7 weeks

Illustrative. An example of the document, not a client's figures.

Same scrutiny, different timing

A buyer's diligence team does not soften its questions because a seller happened not to prepare. What changes is only the timing, and timing is everything: catch an issue eighteen months before you go to market and it is an ordinary cleanup task, catch the same issue mid-negotiation and it becomes leverage the buyer uses to move the price down. Exit readiness is that same review, just run on your calendar rather than theirs.

Working through the same list a buyer would

We go through your books exactly as a buyer's advisers would: what normalised EBITDA looks like once the add backs are stripped out, owner compensation held up against a market rate, related party arrangements such as a lease with a property the owner also holds, and any customer or supplier concentration a buyer will flag on sight as risk.

Looking backward several years, not one

A single strong year means little to a buyer weighing multiple years of trend. We build the working capital baseline that a future closing peg will lean on, and call out any year on year inconsistency in how revenue or costs were recognised, because a buyer's team finds that inconsistency whether we point to it first or not.

What you actually get

A ranked list of what actually matters to a buyer and is worth fixing before a sale process starts, versus what is minor enough to leave alone. Twelve to twenty four months of runway covers most trend-based fixes properly, though even a shorter window is worth doing. It shares its method with M&A due diligence support, run here before a deal rather than during one, and it is not a substitute for an M&A adviser running the sale itself. The review is carried out by our team, every finding passed through senior review before it reaches you.

Questions

Frequently asked questions: Exit readiness

How far ahead of selling should exit readiness work start?

Twelve to twenty four months gives enough runway to correct multi year trends a buyer will scrutinise; a shorter timeline still benefits from the review.

What is the most common issue found in this kind of review?

Owner related add backs and one off items that are not clearly documented, which slows diligence and invites a buyer to question every other adjustment too.

Does this replace an M&A advisor?

No. We prepare the financial side of the business for scrutiny. An advisor runs the actual sale process and buyer outreach.

Will this increase our sale price?

Clean, well supported financials reduce the chance a buyer discounts for diligence risk. We cannot promise a specific price outcome, since market conditions and buyer interest also matter.

How is exit-readiness work priced?

As a scoped project, typically running some months ahead of a planned sale process, priced against the work needed to clean up reporting, normalise earnings and prepare a data room.

How far ahead of a sale should we start exit readiness work?

Twelve to twenty-four months gives enough time to clean up trends a buyer will look at, though a shorter runway is still worth the review.

Does this replace hiring an investment bank or M&A advisor?

No. We prepare the financial side of the business; a banker or advisor runs the sale process and the buyer conversations.

What is the single most common issue you find?

Owner-related add-backs and one-off items that are not clearly documented, which slows down diligence and invites buyers to question every adjustment.

How do we get started with exit readiness?

Getting started with exit readiness begins with a short review of your current records and software access. Once that is done we confirm scope and timing in writing, and ongoing work begins on the schedule agreed with you.

Next step

Talk to the team that would run your books

A short call covers your setup, your software and what a first month would look like. You get a written scope and price after it.