Creating a Smooth Transition
While there are a lot of moving parts in any M&A deal, ensuring a smooth transition from you to the new owner of your company is important for a number of reasons that could impact not only your reputation but also the prospects for success of the new ownership and the livelihoods of your loyal employees. That, however, only scratches the surface. How can you work now and during the acquisition process to help make sure the transition goes as smoothly as possible? Brent Freeman, investment banker and M&A advisor at The CBB Group, joins us to talk about the ways that a business owner can work to smooth out the bumps that sometimes occur when a company transitions from one owner to another.