Business acquisition can be a risky growth strategy. You can reduce these risks substantially by using a SPS board advisor. Apart from business strategy experience and practical business guidance, your advisor brings access to the specialist skills that you need to buy a business.

 

 

Acquisitions are successful only if they fit your business. You must know your strategy and the type of acquisition you need. Once you have a profile then you can seek the right targets. At some point, you get into detailed assessment about the benefits of the target and the cost.

 

 

Once the acquisition is progressing everyone gets excited and emotionally involved. This is not the right conditions for setting the right price. The result is that you over-state the likely benefits of the acquisition and pay too much. Your SPS board advisor brings a cool head.

 

Research shows that only 40% of acquisitions are successful. Most of the problems are in the post-acquisition period where expected cost savings don’t materialise and key members of staff leave the business. All acquisitions need a robust post-acquisition plan before you buy!

 

 

If you are planning an acquisition strategy then talk to SPS. Our board advisors have a great record of success of working with people like you. If you would like to talk to SPS you can ring us direct on 07802 910633 or send an email and we’ll come back to you.