Mergers and Acquisitions - Timing Is Everything
When it comes to mergers and acquisitions, there is a lot going on right now. Perhaps you've considered it for your own company.
One thing is for sure...timing is everything.
To help you know if the time is right for you, I've put together a few helpful tips.
Start by asking yourself two questions.
Why could the time not be right?
What makes the time right?
To help you answer these two questions, it is helpful to consider the following:
Your People - What will happen to your people? Would you need to expand or condense your team?
Your Systems - Where do they overlap? Are there areas where they do not gel?
The Pro/Con List - Have you done your pro/con list to see if and how the benefits outweigh the negatives? Having this list is an invaluable tool in helping you decide if the time is right.
Having the opportunity to buy, sell, or merge is exciting to consider.
The key to success is know if the time is right.