Thinking about raising capital or selling your SaaS company? Your legal readiness can make or break the deal.

In episode #326, Ben Murray breaks down what investors and acquirers look for during due diligence — and why preparing your cap table, contracts, IP, and financial systems at least six months in advance is essential to protect your company's valuation and ensure a smooth process.

What You’ll Learn

Cap Table Management: Why tracking every issued share, option, and agreement matters — and how to avoid “email equity surprises.”

IP Protection: The critical role of signed IP assignment agreements for employees, contractors, and vendors.

Customer & Vendor Contracts: Why detailed MSAs, renewal clauses, and change-of-control provisions are required for investor confidence.

Accounting Readiness: How clean, timely accounting — especially a complete MRR schedule (revenue by customer by month) — helps prove the health of your recurring revenue and ARR growth.

Sales Tax Compliance: Why sales tax exposure can derail your exit process.

Due Diligence Prep: How to build your data room, organize key documents, and present your SaaS business model with clarity.

Why It Matters

For Founders: Legal gaps can reduce your valuation multiple and slow down the exit timeline.

For CFOs: Solid financial systems and clean documentation protect your cash flow and reputation with investors.

For Investors: A well-prepared company signals operational maturity and reduces transaction risk.

For Operators: Legal readiness supports strategic growth and prevents “deal fatigue” during M&A or fundraising.

Resources Mentioned

Ben’s Blog Post: “SaaS Legal Readiness Checklist” : https://www.thesaascfo.com/why-legal-readiness-can-make-or-break-your-saas-exit/

SaaS Metrics Foundation Course – Learn how to align your financial reporting and recurring revenue metrics for due diligence success.

Upcoming Webinar: “Legal Readiness for SaaS Founders — How to Prepare for an Exit or Raise” (details via newsletter)

💬 Quote from Ben

“You can’t fix legal readiness in a week. Start six months early, or you’ll be scrambling during due diligence when investors start asking for data you don’t have.”

Legal Readiness Can Make or Break Your SaaS Exit

SaaS Metrics School