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Employee Due Diligence: What to Consider When Buying or Selling a Business

Employee Due Diligence: What to Consider When Buying or Selling a Business

Buyers should conduct a thorough investigation of all key aspects of a business before deciding whether to buy it and if so for what price, and employee matters are a key consideration. Sellers must be prepared to provide adequate information in response to these requests otherwise they may lose a potential buyer, however there are many issues they must consider when preparing a response. This article examines some of the key considerations both parties must manage during the due diligence process.