SaaS Exit Readiness Dashboard

Today we have a new SaaS Exit Readiness Dashboard from our friends at M&A advisor Aventis Advisors that you can use to quickly assess how ready your company is for an exit. Just make a copy of it and fill it out for your firm. 

When we sold my company iContact, a public company CEO we were recruiting ended up saying no to the job offer, but decided to buy our firm for $169M instead.

We received a signed LOI within a week and the deal closed within 60 days, as the firm wanted to announce it with their next quarterly earnings report. Had we not already had audited financials, a strong data room, our metrics prepared from a prior “almost-exit” to Salesforce for $100M, we wouldn’t have gotten the transaction done in time.

We were ready in advance – and it made the deal successful.

So what do you need to do to prepare your firm to be ready for a sale?

To help you prepare for a sale in advance of a fateful reachout or intentionally-run process, Aventis has created this very useful SaaS Exit dashboard to assess how well you are prepared for an exit: a 40-point exit readiness checklist. 

All you need to do is answer a few straightforward yes-or-no questions about different aspects of your business: Financial Processes, Product and technology, Sales and marketing, Customer Success, Operations and HR, Legal and compliance, and Exit Prep. There are definitely many more factors to consider than simply your revenue growth rate and EBITDA level.

At the end, you will receive an overall Exit Readiness Score, which will help you determine how prepared your business is for an exit and provide an estimate of how much time you will need to improve. Using the checklist, you can also identify areas for improvement and take action to prepare.

You can access the Google Sheet Dashboard here.

The right exit prep can also make the difference between needing to use a deal marketplace (like Acquire.com or Flippa) – or whether you can get picked up by an experienced M&A advisor who can help you manage the deal process and optimize the terms and sale price. You can read more about this in our free SaaS M&A Report 2024. 

A Message from Our Web Design Partner

Join Our Community of SaaS CEOs & Founders

Thanks for reading. We hope this Exit Readiness Dashboard from Aventis will be helpful to you. Please take a moment to learn more about SaasRise, our community for experienced SaaS CEOs and Founders. We welcome all CEOs and Founders with $1M-$100M in ARR to join us. We hold five masterminds each week for our members and provide an in-depth library of SaaS growth, sales, fundraising, and exit resources. You can apply here.

We are now up to 292 members representing $1.9 billion in ARR.

See you next week with more killer SaaS scaling content! If you like this type of content, please apply to join SaasRise our community for SaaS CEOs with $1M-$100M in ARR here. It’s a mastermind community of growth-focused SaaS CEOs. Membership is $197 per month – but might just be the difference between your firm making it across the chasm and getting to a successful nine figure outcome from a PE firm or strategic acquirer.

> Join us here.

We’ll see you next time with more killer SaaS growth and scaling content!