07801 136839sean@positiveatwork.co.uk
Positive At Work

Are You Ready To Sell?

A practical guide for founders of UK software, SaaS and data businesses preparing for a potential sale.

Founder Guide

What the guide covers.

The original site offers a 20-page guide for founders. This static version summarises the main themes and routes enquiries to email, so it can be hosted without a database or form back end.

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The founder’s dilemma

  • UK software, SaaS and data founders face distinct sale challenges.
  • Middle-market companies with 20–200 employees can be highly valuable but are often misunderstood in M&A.

Timing and market dynamics

  • The best time to sell is often when you do not have to.
  • Momentum and unsolicited offers are strong signals.
  • Waiting can reduce exit value through market cycles, rates and founder fatigue.

Valuation preparation

  • Valuation is more than revenue multiples.
  • Buyers assess growth, profit, revenue quality and competitive tension.
  • Adjusted EBITDA and recurring revenue quality are critical.

Deal process

  • Sale paths include targeted strategic sale and competitive auction.
  • Prepare the data room, investment story, buyer list and management team before launch.
  • Earn-outs need clear metrics, control, reporting and acceleration clauses.

Founder concerns

  • Founders can structure deals to stay involved post-sale.
  • Protecting the team requires careful buyer selection and retention planning.
  • Life after exit is a transition, not just a financial event.

Operational excellence

  • Reduce customer concentration.
  • Sign multi-year contracts where appropriate.
  • Document technical debt and reduce founder dependency.