Generally, yes. Interested Buyers will analyze the cash flow of your business to evaluate whether it supports the asking price, and prefer to see the last three years of financials when available. Financial statements that clearly and consistently categorize your income and expenses are a big positive, and tend to give Buyers confidence about their upcoming purchase. Refusing to share financials will be viewed as a major red flag by most Buyers and should be avoided whenever possible. Every business is unique and will have its own bookkeeping quirks. If you’re considering selling, reach out to an experienced Broker, who can evaluate whether your current books and records are ready for the sales process.