A diligent purchaser should have the contract of employment of each employee reviewed prior to transfer. They should also see if the employee is a good match for their organisation. There are extra procedures and paperwork to consider if the business you want to acquire is a franchise. This includes things like reading through the franchise agreement and giving serious thought to the commitments you are making. Franchise agreements are often strongly structured in favour of the franchisor.
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Published on September 25, 2025. Modified on September 25, 2025.
A diligent purchaser should have the contract of employment of each employee reviewed prior to transfer. They should also see if the employee is a good match for their organisation. There are extra procedures and paperwork to consider if the business you want to acquire is a franchise. This includes things like reading through the franchise agreement and giving serious thought to the commitments you are making. Franchise agreements are often strongly structured in favour of the franchisor.
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