Exit preparation for owner-managed Scottish businesses

A business that runs on documented systems sells for more, and sells faster.

Thinking about selling in the next one to three years? The biggest thing you can do for your valuation is get the business out of your head and into systems a buyer can trust. That's what we build.

Working Scotland-wide: Glasgow, Edinburgh, Inverness, Aberdeen, Perth and Dundee.

Sample report
Exit Readiness Score 58/100
Owner dependency3/10
Process documentation4/10
Financial hygiene7/10
Customer concentration6/10
Systems & data5/10

Scored across ten areas, with a prioritised gap list. This is what your audit delivers.

The key-man problem

Right now, the business is you. Buyers know it.

Most owner-managed businesses run brilliantly, right up until you ask how. The supplier deals live in your head. The pricing logic lives in your head. Two or three key people hold everything else, and none of it's written down.

You know it works. But a buyer can't buy what they can't see. They call it key-man risk, and they punish it: chipped offers, dragged-out due diligence, earn-outs that keep you tied to the desk for years after the sale. Sometimes the deal just quietly dies.

None of that reflects the quality of your business. It reflects the paperwork. And unlike your customer base or your margins, the paperwork is completely fixable in a year.

Buyers don't pay for potential. They pay for proof.

The deliverable

An operating system for the business, not a folder of documents.

Not a lever-arch file of dusty procedures either. It's how the business actually runs, captured as working systems: who does what, how the decisions get made, and what good looks like. Detailed enough that someone else can pick it up and run it without you in the room.

01

The operating manual

Every core process written the way it actually happens: sales, delivery, finance, the lot. Proper SOPs, built from interviews rather than blank templates, and detailed enough that a new person can follow one without asking you first.

02

Process maps

One-glance visual maps of how work flows through the business. Due diligence teams love these, because they answer questions before they're asked.

03

Dependency register

Every person, supplier and system the business leans on, with the risk flagged and a plan against each one. Key-man risk, named and managed.

04

Data room structure

Your documents organised the way an acquirer's advisors expect to find them. Fast answers, no midnight scrambling when the requests start.

How it's built: structured interviews with you and your key people, recorded, transcribed and processed through our documentation pipeline. You talk, we write. Nobody on your team has to author a single procedure.

The process

Three steps. No mystery.

1 Two weeks

Audit

A site visit or remote review, a structured owner interview, and a full systems inventory. You get a scored readiness report across ten areas, plus a prioritised gap list. Useful on its own, even if you stop here.

2 Fixed scope

Plan

We scope the programme from your audit results: what to fix, in what order, at a fixed price. No day rates, no scope creep. Your audit fee comes off the total.

3 Three to four months

Build

Interviews with you and your key staff, turned into the working system: operating manual, process maps, dependency register, data room. We finish by re-scoring you, so you can see the movement.

Pricing

Start with the audit.

The audit is designed to stand on its own. Plenty of owners will take the report and do the work themselves, and that's a perfectly good outcome. So here's exactly what you keep, whether or not you ever speak to us again.

01

A ranked work plan

Every gap we find, ordered by what it would cost you at the negotiating table rather than by how easy it is to fix. Hand it to your own team and work down the list.

02

A baseline score

Ten areas, each scored out of ten. Re-run it in a year and you'll see whether you've actually moved, instead of hoping you have.

03

A straight answer on timing

Sometimes the honest finding is that you're three years out, not one. Much better to know that before you appoint a broker and start a clock you can't easily stop.

04

Something your accountant can act on

Written to be handed straight to your existing advisors, so the financial and legal side can get moving against a clear, prioritised list.

Full Readiness Programme

£15,000–£25,000

Scoped and priced from your audit · three to four months

  • Structured interviews with you and key staff
  • Complete SOP library
  • Process maps for every core workflow
  • Dependency register with a fix plan
  • Buyer-ready data room structure
  • Re-scored readiness report at completion
Scoped from the audit, so you know exactly what you're buying before you commit a penny.
Ask about the programme
Who's behind this

I've sat on your side of the deal table.

I'm Colin Gray. Over fifteen years I built two companies: The Podcast Host, which grew from a one-man blog into the biggest media company in our industry worldwide, and Alitu, a software company that passed $1M in annual recurring revenue. In 2025 I sold both, in a single process. Two businesses, two sets of books, two sets of systems, one deal. It was every bit as complicated as it sounds.

So I've been through due diligence from the seller's chair: the document requests, the questions about who does what, the sharp focus on whether the thing survives without the founder. The ones that sail through it aren't simply the businesses with tidy paperwork. They're the ones running on real systems, where the processes already existed and people were already following them without the owner in the middle.

Mine were in better shape than most, and that's a big part of why the deal closed. But I came out the other side knowing exactly where I'd been kidding myself, and what I'd have fixed given another year's warning. That second bit is arguably worth more than the first, and it's the part you get to use. I now spend my time helping Scottish owners get there before a buyer starts asking. (My PhD's in education, which turns out to be surprisingly useful for teaching a business to explain itself.)

Colin Gray, Founder

For accountants & advisors

Got clients heading for retirement?

If you advise owner-managers who are two or three years from exit, readiness is the gap between the valuation they want and the offer they'll get. We work alongside you, not around you: you keep the client relationship and the financial work, we handle the operational documentation. Ask us for a referral pack.

Talk to us
Questions

The things owners ask first.

We're two or three years from selling. Is it too early?

It's the sweet spot. Documentation takes months to build and a year or more to bed in, and buyers want to see systems that have been running, not systems finished the week before the sale memorandum went out. Start now and the work is invisible by the time anyone's doing diligence. Start late and it looks like what it is: a rush job.

What if the audit turns up a horror show?

Then you've just had the cheapest bad news you'll ever get. Far better you find it now than a buyer finds it in due diligence, where every gap has a price attached. The report comes with a prioritised gap list, so a horror show simply becomes a work plan.

What kind of businesses is this for?

Owner-managed Scottish businesses where the owner is still central to how things run. We've seen it across trades, hospitality, manufacturing and services: the sector matters far less than the dependency. If the business would wobble without you for a month, this is for you.

Do you need to visit, or can this be done remotely?

Both work. A site visit is ideal for the audit, and Glasgow, Edinburgh, Inverness, Aberdeen, Perth and Dundee are all easy reach. But the whole process, interviews included, runs perfectly well remotely, so location's never a blocker.

Find out what a buyer would see.

A 20-minute call. No pitch deck, no obligation. We'll talk about your timeline and whether an audit is worth your money. If it isn't, I'll say so.

Book an intro call