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For Business Advisors
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Post-Closing Training
 
Objective

Post-closing training reduces the risk to the buyer by ensuring that there is a smooth transition to the buyer.

 
The Steps

The post closing training and transition support is likely to include:

  1. Training the buyer on your duties.
  2. Introducing the buyer to your employees, customers & vendors.
  3. Answering questions the buyer may have after the sale.
Considerations

It is in your interest to offer more support than you think the buyer will need. This increases the confidence of the buyer. The more confidence a buyer has that the transition will be smooth, the higher price he or she is likely to be willing to pay.

 
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