How do I pass on my online store’s influencer and creator relationships?
List every influencer and creator you work with, and record what each relationship actually is: a gifted product, a paid post, an affiliate link or a handshake. Then separate what transfers to a buyer from what depends on you personally, and offer introductions rather than promising ongoing loyalty.
Build a simple sheet. For each creator, note how you found them, what they have produced, what you gave or paid, how any affiliate links are tracked, and what results you saw. Include the messages or agreements that spell out the arrangement. Buyers will want to see whether anything was ever put in writing.
Be honest about what is personal. Some creators promote the store because they like the founder. Others respond to whoever sends the product. Say which is which. A buyer who is told that a relationship will carry over, and finds it does not, is a buyer who feels misled and may walk away or reopen the terms.
Plan the handover itself. Offer a joint introduction, ideally by email or call, and keep the tone low pressure. Check whether content the creators made can be reused, and whether any usage permission is written down. Ask your lawyer to review any exclusivity or content-use terms before you describe them to a buyer as transferable. Give the buyer a plain list of any products still out with creators and any promised future posts, so nothing owed is discovered late.
Key takeaways
- Document each creator relationship, including what was given and what was agreed.
- Separate relationships built on you personally from those that attach to the brand.
- Offer warm introductions and have your lawyer review any content-use terms.
- Share outstanding obligations to creators openly, including products sent and posts promised.
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Sources
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- 01Business Development Bank of CanadaGovernment7 steps to increase your business’ value—before you sell it
- 02Business Development Bank of CanadaIndustryHow to sell your business
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