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For Experienced Sellers: A Guide to a Smooth Transition When Selling Your Business
12/21/2024
For Experienced Sellers: A Guide to a Smooth Transition When Selling Your Business
What’s your role in the transition process when selling your business? Expert Joan Helmer discusses the transition period from the seller’s perspective – how to prepare, expectations, what can go wrong, and its phases, from the LOI to the closing. He emphasizes that the pre-closing phase involves aligning strategic elements, departmental roles, and operational gaps, while the post-closing phase focuses on integrating systems and roles, often requiring a 100-day plan. He also highlights the importance of alignment on expectations, having a clear plan, and the seller’s role in due diligence. Want To Learn More? Additional Resources: Selling your business? . Download Download If you have any topic or guest suggestions please email them to .
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