Expanding by way of acquiring an existing company is a tried and tested way of growing your business. You can achieve fast growth through acquiring a competitor, by moving into new sectors that compliment your core business, or by broadening your reach in new locations or online –whatever your aim, a well-managed acquisition can help you to achieve your goals. Here are a few things to watch out for on your journey:
Set your strategy
Vertical integration –purchasing a business that supports your current company. A key supplier would be one example, or you could buy the company that distributes your products.