How do I explain my courier company’s route software setup to a buyer?
Show the buyer a plain map of how a delivery moves through your system, from order to proof of delivery. Name who administers it, what the accounts and contracts are, what data it holds and what it would take for someone new to run it from day one.
Buyers worry most about what only the owner understands. Make the route software setup visible. Write a short document that follows a package through your day: how orders arrive, how routes are built, how drivers receive them, how exceptions are handled and how customers are billed. Add screenshots if you can. This turns the system from a mystery into an asset.
Next, list the practical details. Who holds the accounts? Which contracts renew and when? What does the system cost on an ongoing basis, and which parts are customised? Identify the person who truly runs it each day, and whether they plan to stay. A buyer wants to know whether the knowledge is documented or lives in one head.
Be candid about weak points. If dispatchers use spreadsheets as a workaround, or a feature never worked well, say so before the buyer finds it. That candour builds trust and lowers the chance of a price argument at the end. Finally, confirm with your lawyer whether the software agreements can be assigned and what the vendor requires. Include the summary in your information package for serious buyers. Offer a live demonstration to serious buyers once confidentiality is in place, and let them ask the person who uses it daily.
Key takeaways
- Write a walk-through from order to proof of delivery.
- Name the accounts, contracts and the person who runs it.
- Admit workarounds before the buyer finds them.
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat is a confidential information memorandum (CIM)?
- 02Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
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