When it comes to selling your business, there are so many areas that require delicate handling that it’s hard to know which one is the touchiest. Perhaps no other part of the process of selling causes more angst and discomfort than the thought of telling your employees that they’re going to be working for someone else.
When Chris and I sold our business, we assured the buyer that we thought all of the employees would stay on with a new owner. Behind closed doors, however, we had some doubts — three of them, to be exact. We had 14 employees at the time, and we identified three in particular that we thought might quit when they heard the news that we had sold. These employees had helped us build the business. They had been with us the longest, and were the most loyal and hard-working. We thought they might pack up their bags and leave once we had permanently left the building.
We were wrong.
Read more at:
Selling Your Business? Three Reasons Why Your Employees Will Be Thrilled - Synergy Business Services:
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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