During the transition period of the sale of an existing business, the new owner should spend significant time being visible in the business, talking with employees, making suggestions, and doing some of the more menial work.

Question

Quizplus · Accepted Answer

During the transition period of a business sale, it is important for the new owner to be visible and actively involved in the business. This includes talking with employees, making suggestions, and even doing some of the more menial work to gain a better understanding of the business operations and culture. This can help to establish trust and build relationships with employees, as well as identify areas for improvement and opportunities for growth.

During the Transition Period of the Sale of an Existing