LAW HOUR | Is my company ready for a merger?
Updated: Dec 21, 2020
Unfortunately, COVID-19 has placed a lot of people in a situation where they start to question the viability of their business. One of the questions we're getting now is: "Is my company ready for a merger?" That’s a rather difficult question to answer without really understanding you as a business owner and what are your goals. Is it something that you’re trying to exit? Are you trying to find an investment or find another company that is similar to yours so that you can merge together and maybe have some economies of scale that could bring down your bottom line and grow profits so that you can continue taking care of yourself and your employees?
But the first question you have to ask if your company is ready for a merger or acquisition are: What do you want to do with your business? What are your goals?
Determining your goals would help set you on the path to success. Here at Fulton Strahan Law Group, we are more than willing to help you in every step along the way. Give us a call today!