Have you ever thought about buying a company as a way to grow your business? We find that this thought isn’t even on the radar for most small business owners. We have helped dozens of clients grow their business through acquisitions. We have also helped several “corporate dropouts” get into business for themselves by purchasing a company. We help to demystify the process of buying a company.
We have personally bought and sold companies ourselves and have advised dozens of others on how to do it. We help our clients step-by-step through the process from the initial search of where to find the companies, to what questions to ask when visiting a company, to how to make sense of their financials and make an offer to purchase the company and every step in-between. It really doesn’t have to be that intimidating.
Some of the most common reasons to consider buying another company include:
- Increasing sales quickly by adding several customers at once
- Expanding into a new product or service area
- Adding talented staff to your organization
- Taking out a competitor
- Leveraging administrative overhead to reduce costs and increase profitability of the combined companies
If you’re wondering if an acquisition might make sense for you and your business, perhaps we should chat. We can show you how to buy it right!