There are people around who can help with preparing this documentation.
Most advice around selling a business focuses on the financial side of the sale although they might recommend you have an operations manual.
However they may not specify the need for a sound classification system for filing electronic documents. Yet this is a critical part of the preparation for sale. If the new owner can’t find the key business documents you have left behind in the business, then it will be very frustrating for him or her to effectively run the business.
A new owner won’t thank you if s/he has to keep phoning or emailing you to ask where to find the information needed – right now. Nor will you enjoy having to keep thinking back to what you did and where you stored your business information.
If you have a well thought out system for organising your business records that you have used properly, you will be able to delete or move whole folders instead of having to locate and deal with individual documents.
Preparing to sell your business is also an opportunity for you to clear out any personal documents that have got caught up in the business files.
So there are benefits to both seller and buyer to having a good filing structure for your business. If you don’t have a good system already, then my eWorkbook is a very cost-effective way to set one up quickly ready for the sale of your business. You can be sure you’ll get a much better price if your business information is well organised.