Greater Prairie Business Consulting Inc.

1-800-828-7585

25 Question Business Transfer Readiness Assessment (BTRA) SM

Below is a 25-question Business Transfer Readiness Assessment (BTRA) SM with an answer key and scoring system.
This assessment evaluates how prepared a business is for successful transfer, whether through sale, succession, merger, or other exit strategies.

25 Question Business Transfer Readiness Assessment (BTRA)

Please Enter the below information to get started

SECTION 1 — Financial Readiness & Documentation:

1 / 25

1. Our financial statements are accurate, GAAP-compliant, and professionally prepared.

2 / 25

2. We maintain at least 3 years of clean, organized financial records. (1 = Strongly Disagree, 5 = Strongly Agree.)

3 / 25

3. We have strong, predictable cash flow that a buyer would find attractive.

4 / 25

4. We track KPIs that clearly demonstrate the company’s financial and operational performance. (1 = Strongly Disagree, 5 = Strongly Agree.)

5 / 25

5. Outstanding debts, liabilities, or legal issues are minimal or resolved.

SECTION 2 — Operational Strength & Transferability:

6 / 25

6. Our processes are documented, repeatable, and followed consistently across the company.

7 / 25

7. The business can run smoothly without the owner’s daily involvement. (1 = Strongly Disagree, 5 = Strongly Agree.)

8 / 25

8. We have modern systems, technology, and tools that support efficient operations.

9 / 25

9. Quality control and service standards are reliable and documented. (1 = Strongly Disagree, 5 = Strongly Agree.)

10 / 25

10. The business model is scalable and does not depend on unique, non-transferable skills.

SECTION 3 — Market Position, Brand & Revenue Stability:

11 / 25

11. The business has a strong brand reputation in its market.

12 / 25

12. No single customer accounts for more than 15–20% of revenue. (1 = Strongly Disagree, 5 = Strongly Agree.)

13 / 25

13. We have diversified revenue streams or recurring revenue sources.

14 / 25

14. Customer retention and satisfaction are high, supported by measurable data.(1 = Strongly Disagree, 5 = Strongly Agree.)

15 / 25

15. We have competitive advantages that are sustainable and defensible.

SECTION 4 — Leadership, Talent & Succession:

16 / 25

16. A competent management team exists and can continue operations post-transfer.

17 / 25

17. Key employees are stable, engaged, and likely to stay after the transfer. (1 = Strongly Disagree, 5 = Strongly Agree.)

18 / 25

18. Roles and responsibilities are clearly defined across the organization.

19 / 25

19. A succession plan exists for critical positions, including leadership roles. (1 = Strongly Disagree, 5 = Strongly Agree.)

20 / 25

20. Training and development programs are in place to ensure skills can be transferred to new leadership.

SECTION 5 — Legal, Compliance & Deal Preparedness:

21 / 25

21. All legal documents (contracts, leases, agreements) are current and organized.

22 / 25

22. We have minimized legal, regulatory, or compliance risks. (1 = Strongly Disagree, 5 = Strongly Agree.)

23 / 25

23. Intellectual property (branding, patents, proprietary processes) is properly protected.

24 / 25

24. We are prepared for due diligence with documentation accessible and audit-ready. (1 = Strongly Disagree, 5 = Strongly Agree.)

25 / 25

25. We have a realistic understanding of our business valuation and its drivers.

LinkedIn

BBB

Get Started Today !

Ready to uncover the true value of your business? Contact us today to schedule your free consultation with a certified business exit consultant CBEC®:

Contact Information: Jim Talerico

Phone: 1-800-828-7585

E-Mail: info@gpbusinesssolutions.com

Address: 511 East John Carpenter Freeway, Suite 500, Irving, Texas 75062

Web Site: www.greaterprairiebusinesssolutions.com

Find Out what our clients have to say!