Wise Cat Series: Employment and Employee-Related Issues in the Sale of Small Businesses

Feb. 20, 2018

Most businesses have a workforce – either employees or independent contractors –  and most sales of businesses require buyers and sellers to deal with workforces before, during and after the sale of a business.  Regardless of the structure of the transaction, workforce-related matters must be considered.  For sake of discussion, these issues will be referred to collectively as employee-related matters unless the nature of the workforce itself requires that the workforce be discussed separately as either a W-2 or 1099 workforce. 

The following materials discuss employee-related matters that need to be considered throughout the deal process.  For discussion purposes, the deal process has been broken up into the following phases: (1) Letter of Intent; (2) Due Diligence and Agreement Drafting; (3) Closing; and (4) Post-Closing. 

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Written By:
Kimberly Lowe

For almost 20 years Kim Lowe has lawyered from the trenches. Kim lawyers from experience, using her knowledge of the law and understanding of how both for-profit and nonprofit business enterprises operate.

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