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Strategic Acquisitions
5. A Short Cut to Assets
An acquisition could save you time and money when building your business.
5.1 You might be able to acquire assets at a relatively low price.
- For example, buying a competitor might give you access to specialist machinery and knowledge.
5.2 You might be able to acquire a good distribution network.
- You could cut the time and effort involved in building a sales force, or establishing sales outlets.
5.3 An acquisition could also be a quick route to building an employee skill base.
- Be careful, as employees do not have to stay on after the acquisition.
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