Sorbara: Track a P&L from day one to streamline future acquisitions
David Sabara · Startup Acquisition Stories with David Sorbara, Founder of Barkley HQ · Sep 26, 2023 · at 13:36
David Sorbara, founder of Barkley HQ, discusses key lessons learned after successfully selling his SaaS business on Acquire.com.
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“My advice for any founder, whether you want to sell your business or you just want to have a business and run a business day one, you open up an Excel sheet and you start tracking with a P and L. Cause this is going to allow you to track your income, your expenses, where you're spending money, where you don't have to spend this money and things drastically change when you can actually see it all across the Excel sheet or Google sheets, whatever you're using, but having that P and L is a big thing for sure. And it makes it easier if you do want to get acquired because you've already have all that work done.”
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