Coronavirus has disrupted the global economy in ways we haven't seen in our lifetime. How is it impacting the value of your business and if you were considering a sale pre-COVID-19, what should you be thinking about now?
Two different companies sell. One company has a formal communication plan in place to notify employees of the sale and transition expectations. The other company wings it. Which do you think has the best outcome 30-60-90 days post closing? Here are best practices we've seen buyers and sellers implement to notify employees of a sale.