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
encounter.
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
challenges.
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.