Deal readiness check
Twelve questions on financing, knowledge, network and personal preparation. At the end you will see where you stand and which modules to work through first.
Financial readiness
Have you defined a realistic budget for the acquisition (including purchase price, transaction costs and working capital)?
Financial readiness
Have you quantified the equity you can invest and derived your maximum transaction size from it?
Financial readiness
Have you already spoken to a bank or a financing advisor about debt financing for an acquisition?
Financial readiness
Have you looked into public funding programmes (for example KfW or the regional guarantee banks) for business succession?
Knowledge & preparation
Do you know the difference between a share deal and an asset deal, and which one is relevant for you?
Knowledge & preparation
Do you know which documents you receive in an M&A process (teaser, NDA, information memorandum) and what to look for in them?
Knowledge & preparation
Do you understand what is examined in a due diligence and which red flags to watch for?
Network & advisors
Have you identified a lawyer and a tax advisor with transaction experience who can support you through the purchase?
Network & advisors
Have you exchanged experiences with other buyers or successors (for example a peer group, a network or the chamber of commerce)?
Personal readiness
Have you defined a clear buyer profile (sector, region, revenue size, personal strengths)?
Personal readiness
Have you allowed a realistic timeframe for the whole purchase process (6–24 months)?
Personal readiness
Have you told your family about your intention to buy, and do you have their support?
Readiness
Your next steps
Every question answered with yes — you have the preparation under control. Use the modules as a reference when things get concrete.
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