6 | Can I Keep My Job When Buying a Business? Yes — and many successful buyers do.
For executives, acquiring a business doesn’t always require stepping away from your role on day one. Some remain employed during the search, due diligence, and early ownership phases — especially when: The business has a strong general manager in place Operations are stable and don’t require daily oversight The buyer plays a strategic, not operational, role A transition plan includes the seller or team staying on temporarily That said, lenders will evaluate your availability, time commitment, and operational plan. The more clearly you define your role post-close, the stronger your deal will look. Action Checklist Map out your expected post-close role (strategic vs. operational) Confirm the business has strong day-to-day management in place Draft a short transition plan with seller or key team members Prepare to explain how you’ll balance time, oversight, and ownership Discuss your employment status openly during lender prequal Quick Summary You don’t have to quit to get started. With the right structure and clarity around your role, SBA ownership can begin alongside your current career.
T Bank Insight We’ve funded many acquisitions where the buyer stays employed — at least temporarily — while building their new company into a full-time opportunity.
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For informational purposes only. Not legal, tax, or financial advice.
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