{"ok":true,"canonical_url":"https://dealroom.so/glossary/post-closing-training","api_url":"https://dealroom.so/api/public/glossary/post-closing-training","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"post-closing-training","term":"Post-Closing Training","group":"Doing the deal","definition":"Training provided by the seller to the buyer after the business acquisition is complete. This ensures a smooth transition of operations, customer relationships, and knowledge transfer.","what_it_means":"Negotiate specific terms for post-closing training in your purchase agreement. This typically includes a set period of time where the seller provides hands-on guidance. Define the scope of training, duration, and any compensation or lack thereof, to ensure you gain full operational understanding.","url":"https://dealroom.so/glossary/post-closing-training","official_sources":[],"related":[{"slug":"due-diligence","term":"Due diligence","url":"https://dealroom.so/glossary/due-diligence"},{"slug":"non-compete","term":"Non-compete","url":"https://dealroom.so/glossary/non-compete"},{"slug":"escrow-holdback","term":"Escrow / holdback","url":"https://dealroom.so/glossary/escrow-holdback"},{"slug":"change-of-ownership","term":"Change of ownership","url":"https://dealroom.so/glossary/change-of-ownership"}],"related_questions":[{"question":"What if the seller is providing post-closing training; how does this affect my SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/what-if-the-seller-is-providing-post-closing-training-how-does-this-affect-my-sba-7-a-loan"},{"question":"What is the SBA's requirement for a buyer's post-closing working capital position?","url":"https://dealroom.so/sba-7a/questions/what-is-the-sba-s-requirement-for-a-buyer-s-post-closing-working-capital-position"},{"question":"How does a lender prevent a guaranty denial related to undisclosed affiliations identified post-closing?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-prevent-a-guaranty-denial-related-to-undisclosed-affiliations-identified"},{"question":"What if a lender's internal loan review discovers a potential eligibility issue post-closing?","url":"https://dealroom.so/for-lenders/questions/what-if-a-lender-s-internal-loan-review-discovers-a-potential-eligibility-issue-post-closi"},{"question":"What specific actions must a lender take if they discover undisclosed environmental contamination post-closing?","url":"https://dealroom.so/for-lenders/questions/what-specific-actions-must-a-lender-take-if-they-discover-undisclosed-environmental-contam"},{"question":"If an eligibility issue is discovered post-closing, what is the impact on the SBA guaranty?","url":"https://dealroom.so/for-lenders/questions/if-an-eligibility-issue-is-discovered-post-closing-what-is-the-impact-on-the-sba-guaranty"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Post-Closing Training","url":"https://dealroom.so/glossary/post-closing-training","source_type":"DealRoom Data"}}