Business Transitions – Best Practices

Business Transitions – Best Practices

Understand your own goals for the post transaction period

The goals of the seller post transaction are very important as they may dictate the terms of the deal. For example, some owners want to have a clean exit with no further involvement with the business, others will want to continue to be a part of the business (for a limited or indeterminate time)in some capacity. These motivators are important for your professional advisor to know before entering any negotiations.
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