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.
You can download the materials at the link below: