Once negotiations for the sale and purchase of an existing business are complete and all contracts are signed, there will be a transition period.

Name: Once negotiations for the sale and purchase of an existing business are complete and all contracts are signed, there will be a transition period.
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After the sale and purchase of an existing business, there will typically be a transition period during which the new owner takes over operations and learns the ropes of the business.

Once Negotiations for the Sale and Purchase of an Existing