How to tell staff you are selling your business
Business Network South Manchester members Alex and Paul Dodgshon of Uscita look at an age old problem!
Staff are a valuable business asset, especially during the business sale process. Your employees’ knowledge, skills and experience all contribute towards overall business value and the price a potential buyer is prepared to offer. Considering the needs and job security of your team when selling your business is key to protecting their interests and minimising risk.
In this blog we’ll look at business sales from a people perspective, take a walk in the shoes of an employee and share three tips to guide you through the process of telling your team you’re selling up.