Should I tell my employees?
We highly recommend you do not do this, as everything is completed confidentially with buyers who have signed the Non-Disclosure Agreement. Employees typically find out after a sale has occurred. As you know, employees typically do not like change and the unknown. As it may take more than six months to complete a transaction with the “best fit” buyer, you do not want to get the employees to focus on this and not on their work.
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