In determining why you want to buy a company, you should ask yourself and develop answers for each of the following questions:
1) Do you want to run the business yourself or do you want others to help you?
2) How long you plan to keep the business;
3) Whether you plan to buy other businesses over time
4) If buying additional companies over time, do you plan to buy related or unrelated companies? Continue reading The Successful Business Acquisition Process – Step #2 – Acquisition Criteria and Your Initial Acquisition Plan
Buying a company is by far one of the most complex purchase activities most individuals ever undertake. A far broader array of skills and knowledge is required than for any other purchase, certainly much more so than purchasing a house or an automobile. Continue reading The Successful Business Acquisition Process – Step #1 Who Buys Companies and Why?
When a decision is made to buy a business there is a fairly specific process you can expect to go through, especially when buying the “right” business. The acquisitions process involves several distinct steps and sub-steps that must be managed and controlled with extreme care and dealt with expertly and skillfully.
Continue reading The Successful Business Acquisition Process – 15 Steps