Sell your company.

Determine if selling your company is the right and best thing to do.
First, write down the advantages and disadvantages of selling your company and then assess which option is more appealing to you. Then, think about your current situation and future goals. Is running your business becoming stressful? Would you be interested in trying a new project? Or would you be more fulfilled if you were to commit to your business for longer? From here, decide whether to keep your company or sell it. If you prefer the latter, proceed to the next step.

Make a plan for what you’ll do after selling your company.
A plan is crucial to avoid the “post-sale depression” many former entrepreneurs face. Ideally, your plan should include something that fills up your time (such as starting a new business).

Hire a SaaS M&A advisor.
Your advisor will assist you by determining the valuation of your company and finding potential buyers.

Assess the potential buyer’s plan with your company.
You’ve worked hard on growing your company, and chances are you have a certain vision for its future. Make sure that the buyer’s vision is aligned with it.

Negotiate the exit deal.
The exit deal usually involves an upfront payment and an “earn-out” period in which you are expected to remain working in the company. Earn-out periods are typically unpleasant, so try to make a negotiation that makes it as short as possible.

Sign the contract.
After the buyer performs due diligence on the technical and business side, you’ll be ready to sign the contract.