I am ready to retire from my 'one man show' company. I initially expected my son to take over the business but he has informed me that moving abroad is a better option for him. I have therefore decided to close the business in no more than 3 months, less if it is possible to wind up the affairs before then.

I have in my employ one admin clerk who started in Dec 2018. How do I go about retrenching her? Specifically, how much notice does she need and does she have to work until the day I finally lock the front door, or can I let her go as soon as I no longer require her services? Although it is not my intention to actively market the business, what happens if, whilst in the process of winding up, I get an offer to purchase the business as a going concern would the new owner be obliged to employ her?

Advice would be much appreciated.