Acquisition or Expansion As the Best Route to Growth
Companies that ask our advice are often seeking funding to grow. Sometimes by acquisition, sometimes expansion.
Both options are viable and both can be risky. Acquisition-driven growth can be fast, and complex. In the article linked here from Small Biz Daily, we lay out some things for business owners to consider as they weigh their options.
Big takeaway: Remember that you're buying another entire company, with all the wrinkles of the one you're currently running. Smoothing the wrinkles is a big job; probably rewarding, but definitely work.
Posted on January 21, 2017
by Frank Williamson