Want to sell to private equity one day?

The key to selling your business comes down to three words: recurring cash flow. People who are buying your business want to know that you have a steady stream of cash coming in the future, even if you decide to step away.

Here are three things you can do to make sure that you have recurring cash flow:

Get a request for a simple mow, trim and blow? Send the customer a proposal that has two options: a one-time job, or a 6 month contract for a biweekly service. The more customers you have on contract, the more attractive your business will seem to private equity. In Duranta, it’s takes less than 5 minutes to go from an address to create a proposal for your customer. And you can even offer multiple options in one proposal, and have the User pick whichever one they prefer.

To get people onto a contract, you might want to offer a discount for signing up for a contract. How much of a discount? Well, mathematically, the discount you should offer should be related to the probability that the customer would not come back to you after using your services once. In practice, a 10% - 15% discount is probably a good rule of thumb to go with.

To sign a contract, a customer needs to be able to trust that you will do what you promise. The first way to build trust is by being professional, in how you speak, how you present yourself and how you do the work. Duranta allows you to create beautiful proposals on your phone, that look extremely professional. Customers like to see the work you will be doing for them, and to feel like they are in great hands.