Jan 28 • General discussion
Post acquisition question
In a small, husband and wife operated business (electrical wholesale), what is considered a reasonable unpaid transition period for the sellers to stay on post close?
I am thinking in terms of handover, introductions, and training rather and ongoing operations, particularly where time is also needed to recruit and onboard a replacement for the vendor.
Curious what others have seen work well in practice in terms of duration, hours, and boundaries, and when it typically shifts from an unpaid transition to a paid advisory role.
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Post acquisition question
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