NiklasJames.com

Announce on Monday

It's better to annonce a closing on a Monday than a Friday.

Employees always worry how changes affect their job security. If they learn about a change of ownership on a Friday, they'll have 3 nights to dwell on it, nervously texting their co-workers throughout the weekend.

If they learn on Monday morning, then you have 5 business days to spend time with them, get them comfortable, and quell concerns. In such situations, 5 days is an eternity, and you can be BFFs by Friday afternoon.

Quell, don't dwell.

About the author

Hi, Niklas here 🙂📝

This is my journey as an independent sponsor & equity investor.

I publish tactical insights for deal-by-deal private equity.

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