Exit and harvest
What is this worth, and how do I turn paper into money?
Know your options long before you need them. Value is always a range, and liquidity no longer requires a sale.
Built from Ch 9, Ch 13, App C of the handbook, updated by the 2026 research (S12).
4 tools
Which exit is actually open to you?
Seven questions on size, profit, owner dependence, buyers, motivation and time. The answer is the mechanism the market will give you, not the one you would pick.
calculatorWhat is it worth, roughly, and to whom?
Normalised profit times a multiple, adjusted for debt and cash, cross-checked against revenue. Two methods, one range, and a straight answer about what the number is not.
referenceWhat things actually sold for in 2026
The published multiples and discount rates, with who measured them and what each one leaves out. The handbook supplies none of these, which is exactly why they are here.
checklistWhat a buyer will ask for
The diligence request list, worked through before anyone sends it. Every item you cannot produce becomes a discount, a holdback or a dead deal.
Stuck on something specific?
Ask the adviser. It answers only from the handbook and the 2026 research, tells you which source each answer came from, and says so plainly when the research does not cover your question.