A little thought and planning now, will increase the value of your business and make it financeable by a bank. 

The most important step is having accurate financial records.  If you do not use QuickBooks or have a service that prepares you financial statements, invest a hundred dollars and start using QuickBooks.  A tax return will typically not be sufficient on its own. QuickBooks is easy to set-up, then use it in the simplest form like a checkbook register.   Record 100% of sales, minimize non-business expenses (eliminating them is best), and showing as much net profit (owner benefit) as possible. If you are not starting a fresh year with Quick Books, go back to the first of the year and change non-business expenses to “distributions” which will take the expenses off the P&L and increase the net profit.