What Makes a Merger Different From An Acquisition?
You usually hear these terms together as a single phrase: “mergers and acquisitions” – but that’s really quite misleading. It’s not like “hop, skip, and jump” or “ranting and raving”’; it’s usually more like “renting and buying” – two entirely different activities that happen to be mentioned together. Here’s what makes a merger different from […]
Business Acquisitions: How to Know When the Time is Right
In every successful business, the goal is sustained growth over a long period. This can be accomplished in a number of ways; growing market share with your current product offerings, adding new and complimentary products and/or services, and acquiring a competitor are three of the primary ways to grow a business. In addition, within each […]
Financial Considerations of Purchasing a CPA Practice
Smart Money Week is a good time to examine the financial considerations of purchasing an accounting practice. Because CPA practices have a seasonal aspect to them, it is important that when entering the business, you will be in a financial position to be profitable not just for 4 months out of the year, but for […]
