Founders polish the model and the clinical story, then the buyer's diligence team opens the data room and goes straight to the leases. The three questions they answer first, what they're really testing, and the lease administration system that keeps the file clean so diligence is an export, not an archaeology project.

The crucial guide for founders preparing to raise money. We dissect the 4 core areas—from market capture to CapEx variance—that must be flawless to unlock capital and prove your model is ready to scale.