So you have made the difficult decision to sell your business and are about to embark on the process of appointing a broker or Corporate Finance advisors to help you find potential buyers.

Before you even think about value or potential deal structures, you will need to put together a suite of financials for interested parties. These will typically include your last two years of company accounts (including a P&L and Balance Sheet), your latest management accounts and your projections for the remainder of this year and your business forecast for up to three years.

It is well worth getting these together before you start the process as presenting your numbers clearly and confidently will secure you a higher price.. It will also reduce the time taken on due diligence which can be incredibly distracting from the day to day running of your business.

Some of the most time-consuming tasks of a sale process are taken up by the preparation of the selling particulars including the business forecast and preparing for due diligence. This can be quite daunting for SME business sellers, especially if you have not been through the process before.

It is well worth using some dedicated software to put these forecasts together to speed up the process and avoid potential errors discovered in the Due Diligence process. It will mean you can spend your time on the contents of the forecast rather than designing a complicated spreadsheet.

Awesome Forecast is integrated Cashflow Forecasting software that is easy to use,  customizable to your structure and quick to put together. You can enter up to 5 year of trading history (including this year’s actuals so far), the current budget and a forecast for up to 5 years. Awesome Forecast will automatically generate a  Cashflow Forecast that integrates with your Profit and Loss and Balance Sheet projections, giving you a forecast tool that shows you are fully on top of your numbers.

For a free no obligation 7 day trial, visit www.awesomeforecast.co.uk