In many cases when you purchase a business, it includes payroll with employees that will now
be working for you. You will need to familiarize yourself with the organizational culture and
structure. Some key questions include:

 What are the job responsibilities, rates of pay, and benefits of each employee?
 What is each employee's tenure (length of time with the organization)?
 What is the level of each employee's skill in their position and are they employed under
an employment contract?
 Will key employees stay after the business is purchased?
 Are any employees part of a union, or is any union organizing effort likely?
 Have there been layoffs in the past year which could trigger lawsuits?

Need more information? Call us at 204-478-7266, ext. 110. or click
https://www.bealbusinessbrokers.ca/buying-a-business/ to download our free e-book on
buying a business.