Selling your business: prepare before and after

What you can prepare

For entrepreneurs considering or negotiating a sale who want to prepare cash flows, professional contacts and life after completion.

A practical example before you download

In our fictional case, a fixed share price of EUR 10m results in EUR 8.5m received at completion, then EUR 6m after two illustrative reserves. Deferred payment, escrow and a conditional earn-out remain separate. The guide explains each step without estimating your tax or an amount to invest.

Invented educational examples: not market prices, a personal simulation or a recommendation.

What is inside the PDF

• A worked price-to-cash example and a map of your own cash flows.
• 36 fillable fields: milestones, roles, amounts to confirm and actions.
• A document list by recipient and a post-sale commitments tracker.

How do I use it?

Read the example, then complete your worksheets using professionals’ written information. Calculations are manual. Open the PDF in a compatible reader and save your copy; your answers are not sent to the website.

Sources and methodology

Edition dated 2 October 2026, prepared by Diez de Cambournac, Luxembourg. Worksheets and examples are an original educational synthesis. The sources below provide background; they do not endorse the guide.

• 1. Bpifrance Création - Transmettre une entreprise étape par étape

  Preparation and process guidance in a French context. The workbook milestones are an editorial method to adapt to the relevant countries.

• 2. Bpifrance Création - Les points clés du protocole d’accord

  Terminology on payment arrangements and commitments. Legal effects must be reviewed under the applicable law.

• 3. Guichet.lu - Reprise d’entreprise

  Distinction between share and asset acquisitions. This workbook reproduces no tax rates and does not address an individual case.