01
Map the dependence
Q
Common question
Buyers pay for transferability. A business that depends on its founder gets discounted, earn-outed, or passed over, however good the numbers are. The work of removing yourself is unglamorous, it takes months not years, and it's worth more than most growth initiatives.
01
How a buyer sees you
Due diligence will probe whether the customer relationships are yours or the company's, whether the know-how is written down or in your head, and whether the team can make decisions when you're not in the room. If the honest answer is "it all runs through me," the price reflects it. The discount for founder-dependency is usually far larger than founders expect, because the buyer is pricing the risk that the value disappears on handover.
02
The only solution: systems
01
Map the dependence
02
Move it into systems
03
Prove it runs
The same review a buyer would run. We assess businesses for acquirers, so we know exactly what diligence looks like. Running it on yourself first means you fix the discounts before anyone prices them. How we work with buyers