How do you know if your business is truly ready to sell? In this episode, discover the key factors that influence buyer confidence, business valuation, and the success of a sale. Learn why many Canadian business owners underestimate the preparation required and how identifying weaknesses early can help attract more buyers, negotiate stronger terms, and achieve better outcomes. We explore eight essential dimensions of business readiness, including financial performance, customer concentration, management depth, operational systems, legal and corporate records, Lifetime Capital Gains Exemption planning, competitive positioning, and personal readiness to exit. You will learn how buyers evaluate these areas, why owner dependency and outdated processes can reduce value, and how proper documentation and advance tax planning can help protect your proceeds. Whether you plan to sell in the next year or are looking ahead over the next several years, this episode offers a practical framework for assessing where your business stands and identifying what to improve before going to market. Discover why starting 12 to 24 months ahead can make a meaningful difference in your sale process, valuation, and confidence as you prepare for your next chapter.