Carefully assess how the proposed business purchase will add value to the combined business. Businesses create value through acquisition in a variety of ways:
You should consider the synergy potential from both an operation and cultural perspective in advance of any acquisition. Do the values and strategy align with your own business’s values?
An acquisition should provide your business with immediate scale and a platform for further growth which would be difficult to achieve organically in a similar timeframe.
Before proceeding with a transaction, you should build a strong and compelling business case for the purchase. If in doubt, you should have the confidence to walk away.
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