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SellingExpert answer · 1 min read

How do I prepare my surveying firm’s drone and GPS gear for a buyer’s inspection?

Gather one file for each device showing what it is, who owns it, how old it is and when it was last serviced or checked. Fix what is cheap to fix, label the rest honestly, and be ready to demonstrate everything working. Include records showing how the drones are operated and approved.

Walk through your gear as a buyer would. List every drone, receiver, controller, battery and accessory. Note each item’s age, condition and use, and whether you own it outright, lease it or have pledged it as security. A tidy inventory shows you manage the firm carefully, and it saves questions later.

Collect records. Service history, calibration checks, software updates and repair notes tell the buyer how the gear has been looked after. For the drones, assemble whatever approvals, pilot qualifications and operating records the firm relies on, and ask the aviation regulator or your lawyer what a buyer will need to see and whether any of it transfers. Never guess at this.

Prepare a short demonstration. Charge the batteries, update what needs updating and run a sample job so the buyer sees real results. Fix small faults beforehand, but tell the buyer about the larger ones instead of hiding them. If anything is nearly worn out, say so and explain the plan to replace it. Honesty at this stage tends to shorten the later questions. Keep the demonstration short and practical, and let the buyer or their adviser operate the gear themselves if they wish.

Key takeaways

  • Create an inventory with ownership, age and condition for each item.
  • Gather service, calibration and operating records, including pilot approvals.
  • Run a live demonstration and disclose faults before the buyer finds them.

Sources

This answer is checked against primary sources. Links were last confirmed on the dates shown.

  1. 01
    Business Development Bank of CanadaGovernment
    Equipment valuation: How to do it
    bdc.ca·Checked Oct 24, 2026
  2. 02
    Business Development Bank of CanadaGovernment
    How to conduct due diligence when buying a business
    bdc.ca·Checked Oct 21, 2026
  3. 03
    Business Development Bank of CanadaGovernment
    What are the steps to buying a business?
    bdc.ca·Checked Oct 21, 2026

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