The Acquisition Option For Your Small Business
Companies that enjoy a solid balance sheet have opportunities in our present economy to grow by acquisition. In some cases, the acquisition opportunity is not a growth strategy but takes the form of replacing lost sales. In fact, acquisitions can be a survival tactic. Shrinking industries mean that those players with solid financial footing who pro-actively seek bargain acquisitions have the best chance of survival/success. However, if you are new to acquisitions, as many small businesses would be, you need to know the process and have a plan.
- Defining target parameters
- Transition plan
- Market research
- Making contact
- Letter of intent
- Due diligence
- The art of negotiating
- Keeping an eye on the day-to-day
Join us on