Buying or selling a business affects a lot of people - namely all of the employees that work for or with that business. It's going to be a huge adjustment for them, and you're responsible for facilitating that adjustment. Business is business, but this is an instance in which people need to be put first. If you don't handle the situation properly, things can get bumpy later on down the road. Make sure you're covering your bases when dealing with the employees you're passing off or inheriting.
What Are Your Responsibilities to Employees if You Buy or Sell a Business?
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