There are many important issues a vendor needs to deal with in the transfer process leading up to a business sale settlement.
The last thing anyone wants is a handover whereby business performance is negatively impacted by transfer issues not planned out ahead of time and dealt with appropriately. These issues may include:
- staff entitlements and employment contracts
- managing key customer and supplier relationships and communication
- transfer of registrations and insurances on P&E
- work in progress
- final stocktake
- premises lease transfer.