What Business Owners Should Know If Their Staff Is Their Most Valuable Asset
If your employees are the secret sauce behind your success, this blog is for you.
1. Buyers Buy Stability
When a buyer looks at a business, they’re not just buying equipment, inventory, or client lists- they’re buying continuity. A high-performing, well-trained, loyal team is a huge selling point. But here’s the kicker: buyers want to know that team will stick around.
Before listing your business, talk to key employees (discreetly, of course). You want to gauge their likelihood of staying on post-sale. A buyer’s confidence goes up if the team is likely to remain in place- and that can absolutely increase your sale price.
2. Document Your Team’s Value
Start writing down the details that make your staff valuable. How long have they been there? What roles do they play? What kind of training have they received? What systems or procedures have they created or improved?
This isn’t just bragging- it’s proof. Buyers want to see that the business runs because of the team, not in spite of it.
3. Reduce Owner Dependency
If your team is strong, you want to show that the business runs without you needing to do everything. That makes the business more transferable. If the buyer sees a smooth operation that doesn’t revolve around your personal involvement, they’ll feel a lot more confident that they can take over and succeed.
4. Incentivize Loyalty (The Right Way)
Sometimes a seller will offer key employees a small bonus or retention agreement to stay on through the transition. This could be a win-win: the staff feels appreciated, and the buyer gets the continuity they’re paying for. Work with your broker and legal team to structure this the right way.
5. Don’t Assume It’s Obvious
It might be crystal clear to you that your team is gold—but a buyer isn’t inside your day-to-day. Spell it out. Make it part of your executive summary. When we’re marketing the business, we’ll highlight this as a competitive advantage.
If you’re thinking about selling and your staff is your biggest asset, don’t overlook how powerful that is. Make it a selling point- not a question mark.