Ep 18 - Decoding employee entitlements: What buyers & sellers need to know скачать в хорошем качестве

Ep 18 - Decoding employee entitlements: What buyers & sellers need to know

In this episode, host Sarah Stoddart delves into the critical subject of employee entitlements in the context of buying or selling a business, focusing particularly on the adjustments that need to be made during settlement. Employee entitlements often create confusion for both buyers and sellers, but understanding them is vital for a smooth transaction. Sarah begins by emphasising the importance of employees to a business' operation, noting that when a business is sold, buyers typically opt to retain some or all of the employees to ensure continuity. A crucial aspect of this process involves the entitlements employees have accumulated, This episode offers valuable insights into the complexities surrounding employee entitlements during business transactions. Buyers and sellers must carefully navigate adjustments related to accrued leave. Understanding these factors ensures both parties approach the settlement process with clarity and reduces the potential for misunderstandings. Calm The Pharm is brought to you by your host, Sarah Stoddart. Sarah is the founder and director of Vitality Law Australia, a boutique law firm which provides small business owners and healthcare professionals across Australia with clear legal pathways and peace of mind. She is recognised as a leader in the healthcare industry and is one of only a few lawyers in Australia with specialist experience working with pharmacy businesses.  In 2021, Sarah was named the Lawyers Weekly Women in Law Australian Sole Practitioner of the Year. She was also named as a finalist in the AusMumpreneur Business Awards. In 2022, she was named as a finalist in the Women in Business Awards for The Hills and Districts Chamber of Commerce, the Australian Law Awards and again in the Women in Law Awards.  Sarah is the co-author of business book, “Courage and Confidence”. The book is a collection of inspirational stories combined with practical tools, tips and advice written by a small group of Australian women in business.  She is also a non-executive director of MS Queensland. www.vitalitylawaustralia.com Instagram: @vitalitylawaustralia Facebook: Vitality Law Australia LinkedIn:   / sarah-stoddart-23b92240