In this podcast, Ben Fielding, Head of Sales for Global Entity Management at TMF Group, talks about the challenges facing organisations in carve-out situations. Ben explains that these deals usually involve part of a large business being sold, and therefore ‘carved-out’, to allow it to get the attention and investment it needs to be successful. Ben outlines the importance of timelines and planning to make the transition period smooth for both clients and employees. Among other things, this involves understanding local requirements and cultural quirks and factoring in the time it takes to set up a bank account.

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