Buyers are always interested to know if there are well-trained key employees that will stay with a new owner of the business. That expertise within the company’s operations can be very important in the transaction and future performance of the company.
Key employees can include top managers, department heads and other long-time employees in important positions throughout the company.
In order to sell their business, owners must give top priority to hiring and training key employees. Many serious buyers may walk away if the business does not have that stability.
|Michael Marks, creator of Toons ‘n Tips, is a Certified Business Intermediary (CBI) and has over thirty-six years of business experience and ownership. He is a licensed real estate broker in the state of Colorado and has been selling businesses for over eighteen years. Michael has taken up cartooning as a hobby in recent years and has found that by using those skills, along with his extensive business experience, he has been able to create the Toons ‘n Tips drip marketing service for clients all over the country. Find out more about Michael at www.toonsntips.com.|