Acquiring a new business is a hectic experience. There are so many things you need to deal with that it can be challenging to keep track of everything. Learning the ins and outs of the business, hiring a general manager, looking for inefficiencies and technological solutions, and finding the bathroom are all things you need to worry about when you take over a company.
But before you can deal with any of that, you need to know how to communicate the company sale to your new employees.
We go through the best ways to make the announcement, and how to use it as an opportunity to identify important employees within the organization.