Our legal structure (e.g., LLC, JSC, partnership) is optimal for growth and financing.
We have clear and documented shareholder agreements and governance rules.
We know what happens to ownership if one partner exits or retires.
We have an organizational structure aligned with our growth strategy.
Key business decisions are made efficiently and transparently.
We have up-to-date and accurate financial reports (P&L, balance sheet, cash flow).
We regularly use financial reports to make strategic decisions.
We understand the drivers of our profitability and cash flow.
We have a medium- to long-term financial plan or forecast.
We know how much funding we need and how to get it.
We have explored external financing options (bank, equity, grants, etc.).
We know how to prepare a financial model or investor pitch.
We are confident in our valuation and negotiating terms with investors.
We can clearly show our growth potential and use of funds.
We understand the implications of giving equity to outside investors.
We comply with all tax, accounting, and legal requirements.
We have identified and mitigated key financial and operational risks.
We have a succession or exit plan (e.g., sale, IPO, inheritance).
We understand our company’s market position and competitive risks.
We’ve assessed how ESG factors (environment, social, governance) affect our business.
