Will I be expected to train the new owner?

Category: Selling a Business

In many business sales, the seller agrees to remain involved for a period of time after closing to help introduce customers, employees, vendors, and business operations. The length and scope of this transition are negotiated as part of the transaction.

A well-planned transition often benefits both parties by helping preserve relationships and supporting the continued success of the business.

Every transition is different, and expectations should be clearly established before closing.