Business accounts are extremely important when selling a business — they’re one of the first things any serious buyer (or their advisor) will want to see.

Here’s why they matter so much:

Proof of performance – They show the business’s actual turnover, profit, and cash flow over time, giving buyers confidence in the numbers you claim.

Credibility & trust – Well-prepared accounts signal that the business is well-managed and transparent. Poor or missing accounts raise red flags and may scare buyers away.

Valuation basis – Most valuations are based on financial performance, often using EBITDA (earnings before interest, tax, depreciation, and amortisation) from the accounts.

Tax and legal compliance – Accurate accounts demonstrate compliance with tax laws and reduce risk for the buyer.

Negotiating power – Strong, clear accounts can justify a higher asking price and help defend it during due diligence.