Adelphoï Labs

Everyone Exits Eventually

The eight proofs

A buyer pays for what you can prove, not for what you feel.

How to use this page

Each proof is one thing a buyer checks. Each one has four pieces of evidence. A proof scores only as high as its weakest piece, because that is the piece a buyer will push on. Pick the proof that worries you most and start there.

Proof 1

The Books

Nothing else can be proven until the numbers can be trusted. A buyer prices only the cash flow their accountant can verify.

Read The Books

Proof 2

The Margin

Revenue is not value; margin is. If your job-level margin cannot be reproduced from your records, the buyer will re-cut it lower.

Read The Margin

Proof 3

The Team

A buyer is purchasing the people who do the work. A team that can show its goals and results earns a higher multiple.

Read The Team

Proof 4

The Month

If the business needs you every day, the buyer is buying a job, and pays accordingly. A month away is the test.

Read The Month

Proof 6

The Paper

Licenses, the franchise agreement and the lease are what make the business legally transferable. Gaps here stop a closing.

Read The Paper

Proof 7

The Pipeline

A buyer is paying for next year's revenue, not last year's. They need to see where it will come from without you.

Read The Pipeline

Proof 8

The Plan

Sellers who do not know what they need, or what they will do next, back out late or accept bad terms. Your plan protects the deal and you.

Read The Plan