How to Prepare Your Employees for a Change in Ownership: A Seller’s Guide
Transitioning your business into new ownership isn’t just a significant change for you, but for your employees too; and properly preparing your team for the major adjustment is crucial! Maintaining morale, ensuring continuity, and fostering a smooth shift in ownership will position your business for future success while respecting the people who have helped you craft its legacy.
Life After Selling: Planning Your Next Chapter as a Business Owner
Selling your business can present a variety of questions, challenges, and avenues for to you explore. The most significant question that can arise is: what to do next?
Sold. Battery Hill Vet Practice.
After recognising the opportunity and demand for a locally owned practice, the owner came out of retirement to establish a trusted family vet practice in his hometown.
Sold. SVS Autocare.
A European car specialist, with excellent staff – 2 part-time working owners and 5 full-time staff members.
Sold. Snap Fitness.
A recently renovated, Franchise gym, run under management.
Sold. Medical Centre.
An established medical clinic with a 42-year history. The clinic was based in a busy shopping complex.
Sold. Regent Sheet Metal.
The owner acquired the business in 1975 and had grown the company to become the leading supplier of skylight systems in Queensland, with over 20 full-time staff members.
Sold. Manufacturing Business.
Diemak Precisions is a tool and die making business that has been operating for the past 18 years; it has two full-time employees and one working owner.
Sold. Crust Franchise.
Crust Pizza is an Australian franchise brand with over 140 stores nationwide. Initially, this franchise was listed with another broking firm; it had been on the market for over a year.
Sold. Hospitality Recruitment.
A reputable recruitment agency with over 16 years of operation, boasting a quality database of mid to large scale operations, with representation in Australia, New Zealand, Asia, Pacific and UAE.
Sold. Blue Bird Products Australia.
Established in 1999, Blue Bird Antipasto opened its doors as a family business. They source and use only the freshest ingredients to manufacture high-quality Italian style antipasto.
Sold. Aged Care.
The Vendor submitted applications to acquire government approvals for Allied Health services within the Aged Care sector and NDIS. She was a young professional with a young family.