Key Questions to Ask Before Joining Another Business


Key Questions to Ask Before Joining Another Business

Posted by L&H CPAs on Jun 23, 2019 9:00:00 AM

Key Questions to Ask Before Joining Another BusinessMerging with another company can be the most efficient way to grow -- if you plan carefully. Failed mergers and acquisitions are often the result of management problems, not market conditions.

If you are considering joining forces with another business, here are a few key questions to ask:

Do you have compatible goals and ethics? Be sure there's a good fit between financial structures, customer bases and corporate cultures.

Have you performed a complete due diligence? Scrutinize the financial factors, check with customers, chat with vendors and interview employees. The more you know, the fewer surprises you¹ll

Who's in charge? Give the team the time it needs to prepare for the arduous task of merging corporate
cultures. Don¹t automatically get rid of the old guard. Experience provides stability and helps navigate the

This is just the beginning. There's a lot more to be done before and after a merger or acquisition. Contact us. We can help you decide the best way to structure a transaction and how to deal with the tax implications.

Contact L&H CPAs and Advisors Today

Welcome to your L&H Insights!

Your specialists in holistic financial management solutions. Our firm provides accounting, tax planning, CFO services, business consulting, and wealth advisory services to manage your complete financial needs. 

Subscribe to Email Updates

Recent Posts

Tax Reform Video

See which simple steps you can take now:

Watch the video