CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Vantage Point: When is the Right Time to Tell Your Employees You Have Decided to Sell the Business?

Vantage Point: When is the Right Time to Tell Your Employees You Have Decided to Sell the Business?

August 31, 2023 By CollisionWeek Editor

Guest Article by: Nancy Rolland, FOCUS Investment Banking

One of the most frequent conversations we have with our clients is helping them select the right time to tell their employees that they have decided to sell the company. For many owners, this is a particularly difficult subject during an emotional time. Business owners feel loyalty to their employees and want to be honest with them. After all, these employees have helped them build a successful business, right? Don’t they owe it to them?

Usually the owners have three choices:

  • Tell everyone right away as soon as they have made the
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Focus Investment Banking, Vantage Point

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference ASE Auto Care Association Auto Insurance Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Calibrations and Parts Inflation Drive Collision Claim Complexity June 2, 2026
  • Fix Network Enters New Zealand with First Fix Auto Location in Auckland June 2, 2026
  • ABPA Releases Video Companion to Its ‘Totaled’ Total Loss Report June 2, 2026
  • Women in Auto Care Opens 2026 Awards Nominations, Adds Sixth Category June 2, 2026
  • Women’s Industry Network Opens Registration for Second Annual Virtual Conference June 1, 2026
  • OEC Opens RepairLogic Integration with CCC ONE to All Repair Facilities June 1, 2026
  • IBIS Publishes Full Global Summit 2026 Agenda and Speaker Lineup for June 16-18 Event in Vienna June 1, 2026

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in