One size fits all isn’t real.

professional profile

June 05, 2024

by a professional from The University of Texas at Austin - Red McCombs School of Business in Austin, TX, USA

If I bought a clothing company, the changes would be way different than an accounting company.

You can’t copy and paste the same plan to every company.

We had a due diligence checklist of over 200 questions. Much like my 3,000 firm search, most people would call that overkill.


Know what you’re getting yourself into. Know your plan. Make sure it’s super, super specific.


That’s how you keep employees, customers, and the business on its feet even as surprises happen and you get punched in the face.

0
2
9
Replies
2
commentor profile
Reply by a professional
from University of Southern California in North Palm Beach, FL, USA
Be sure to confer with your lawyer and accountant about the kinds of issues they've seen go wrong for the kind and size of company you're going to acquire.. That kind of specificity is way more valuable than checklists that try to cover the kitchen sink of possibilities.
commentor profile
Reply by a professional
from The University of Texas at Austin in Austin, TX, USA
Follow me if you got value!
Join the discussion