Vantage Point: When is the Right Time to Tell Your Employees Hou Have Decided to Sell the Business?
Published on August 31, 2023
Guest Article by: Nancy Rolland, FOCUS Investment Banking
One of the most frequent conversations we have with our clients is helping them select the right time to tell their employees that they have decided to sell the company. For many owners, this is a particularly difficult subject during an emotional time. Business owners feel loyalty to their employees and want to be honest with them. After all, these employees have helped them build a successful business, right? Don’t they owe it to them?
Usually the owners have three choices:
- Tell everyone right away as soon as they have made the
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