As you are probably aware, business sales can produce a lot of litigation. For sellers it is an absolute nightmare to sell, relocate, move on to other things and then end up with large legal fees, depositions, meeting with lawyers, and court appearances, all simply to keep the money that they have already been paid!

When is the best time to inform employees that you are selling your business? Business brokers and merger and acquisition professionals hear this question all the time. The short answer is, “Wait until the transaction is completed,” and with good reason