How can you tell if buying the competition is a good idea?<\/p>\n
?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 First, know where you stand. Take a good, hard look at your company’s bottom line. Make sure your company is financially sound enough to tie up that much capital.<\/p>\n
?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Make sure your people have the skills and expertise to blend the two companies together.<\/p>\n
?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Figure out why the competitor is struggling\u2026and make sure you can overcome those issues after the acquisition.<\/p>\n
?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Do your due diligence: research the company’s relationships with customers and suppliers. Check out the balance sheet and assets. Figure out the corporate culture. Kick the tires.<\/p>\n
?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Figure out a step-by-step plan to merge the two companies.<\/p>\n
Mergers and acquisitions can inject new blood, new customers, new capabilities and new ideas into a company\u2014as long as the process is managed well.<\/p>\n
Due diligence can go a long way in determining your course of action.<\/p>\n
«Buy» for now,<\/p>\n
P.S. If your due diligence says «yes, yes, yes!» but your bank balance says, «NO way!» call us at 954-510-0328. You may be surprised to discover how fast, convenient and affordable business financing from Shavit Funding can be.<\/p>\n","protected":false},"excerpt":{"rendered":"
If You Can't Beat Them, Why Not Buy Them? How can you tell if buying the competition is a good idea? ?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 First, know where you stand. Take a good, hard look at your company’s bottom line. Make sure your company is financially sound enough to tie up that much capital. ?\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Make sure your … \u0427\u0438\u0442\u0430\u0442\u044c \u0434\u0430\u043b\u0435\u0435 \u00abIf you can't beat them, why not buy them\u00bb<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[231,101,14,47,270],"class_list":["post-5742","post","type-post","status-publish","format-standard","hentry","category-business-3","tag-bank","tag-capital","tag-culture","tag-fund","tag-sound"],"_links":{"self":[{"href":"https:\/\/xn--80adfwdmhbf7bfy9f.xn--p1ai\/index.php?rest_route=\/wp\/v2\/posts\/5742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xn--80adfwdmhbf7bfy9f.xn--p1ai\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xn--80adfwdmhbf7bfy9f.xn--p1ai\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xn--80adfwdmhbf7bfy9f.xn--p1ai\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xn--80adfwdmhbf7bfy9f.xn--p1ai\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5742"}],"version-history":[{"count":0,"href":"https:\/\/xn--80adfwdmhbf7bfy9f.xn--p1ai\/index.php?rest_route=\/wp\/v2\/posts\/5742\/revisions"}],"wp:attachment":[{"href":"https:\/\/xn--80adfwdmhbf7bfy9f.xn--p1ai\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xn--80adfwdmhbf7bfy9f.xn--p1ai\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xn--80adfwdmhbf7bfy9f.xn--p1ai\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}