Glossary · Doing the deal
In short
This is the agreed-upon time post-closing where the seller helps you learn the business operations. It's vital for a smooth handover and continued success.
Your purchase agreement will specify the length and terms of this period. Ensure it's long enough for you to fully grasp operations, client relationships, and key processes. A well-defined transition minimizes post-acquisition risks and protects your investment.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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