Creating a merger between two separate businesses usually comes with many benefits for the small business owner. Examples of such benefits include:
As Colorado's legalized cannabis industry grows, large corporations are taking notice.
The craft brewing business has been growing for decades, but recently it has run into some serious growing pains. As new businesses have sprouted up, brewers must contend with an increasingly marketplace crowded with competitors.
One of the most difficult aspects of buying or selling a business is determining its value. One might say that, as with so many things in our society, a business is only worth whatever someone is willing to pay for it.
Merging with or acquiring a small business often means taking possession of the business' real estate, and sometimes this means the new owner is stuck with a lease or outright ownership of a building that doesn't suit its needs. It may seek to renovate, or demolish and rebuild a structure in order to make it more practical for its business.
The news media business has been on shaky ground ever since the Internet started taking a bite out of its advertising revenue almost 20 years ago. The situation has grown even more precarious since the rise of social media disrupted the way many Americans get their news. Print media has been hit particularly hard, but television, radio and websites have struggled as well. What's more, the media landscape has changed for large media corporations and small businesses alike.
A business's number one goal is to be profitable. While this may be true, there are many smaller goals a business will set in order to achieve this goal. One goal that may be on the agenda for a growing or established business is to acquire a smaller business. The ability to purchase a smaller business can indicate the growth and success a business has achieved.
Whether a business is a few years, or a few decades old, it might be time for it to transition into a new phase by being acquired. Acquisitions are a period of change, but it can often mean bigger and better things for the company itself. So how can a company get itself ready for this transition?
Within the last several years since legalization in Colorado, the cannabis industry has seen impressive growth. With growth, comes a rapid speed of change in any industry. Generally made up of smaller businesses, the cannabis industry seems to be gaining speed towards larger, consolidated businesses. This is characterized by mergers and acquisitions.
When considering the purchase of an existing business, asking the right questions is crucial. It is here that you will find pertinent information to the current health of the business, as well as its future potential. So what should you ask?