Boost Your Revenue with a Strategic Acquisition!
There are many ways to expand a business and expanding through acquisition can be one of the most cost-effective and financially rewarding methods when done correctly. A good acquisition will immediately increase both your top line revenue and your bottom line net profit.
Today’s economy has created an enormous number of opportunities for both vertical and horizontal acquisitions. Over the past few years, small companies have merged with similar size companies in order to survive. The two businesses combined under one roof thereby reducing or eliminating many of the fixed costs related to one of the companies including rent, utilities, phones, insurance, security and other expenses. Duplication of personnel and job duties, if any, was eliminated. The result was a stronger company better able to sustain itself, service its clients and compete in the marketplace.
Larger companies have acquired smaller companies for many of the same reasons. Additionally, larger companies have acquired smaller companies that offer synergistic products or services in order to expand the company’s offerings. This provided them with opportunities to capitalize on their existing customer base by cross-selling the new products or services and enabled them to work through the acquisition’s customer base cross-selling products and services previously unavailable to those clients.
Companies grow in many ways; they grow organically by referral, through implementation of elaborate and expensive marketing plans, through skilled members of a sales force, and through acquisition. Acquisition is by far the fastest way to experience an immediate increase in revenue and profitability, thereby providing an immediate return on your investment.
Leverage your time! Targeting, locating and qualifying potential acquisition candidates can be tedious and time consuming. It is important for a business owner or CEO to stay focused on strengthening the current business operations and to get involved with acquisition candidates only after they have been sufficiently qualified. If you are considering expanding through acquisition, contact us today to see how we can save you time and money by targeting, locating and qualifying potential acquisition candidates on your behalf so you can continue focusing on successfully growing your existing business.