Buying – Lighthouse

[title type=”special-h6″]When looking to acquire a business, there are a number of considerations that need to be made.[/title]

The first step is to understand your Business Strategy and impact any such acquisition may have on your core business. Lighthouse can help review and assess acquisition plans before proceeding with the search for a suitable candidate.

[title type=”modern-h5″ animation=”bottom-to-top”]Process steps[/title]

[title type=”special-h6″ animation=”bottom-to-top”]At this point most advisors would have completed their work and moved on.[/title]

The journey has really only begun for the buyer, and Lighthouse will be there to help guide the onboarding of the new business and provide support in the acquisition of any talent that is needed to support the venture.

[title type=”special-h6″ animation=”bottom-to-top”]Onboarding[/title]

Once the terms of the acquisition are complete and the contract is signed, the work begins for the buyer. Integrating systems, staff, possibly facilities, and moving equipment…all are major projects onto themselves. Adding to this, the strategic initiatives to maximize top line revenues and the level of focus to drive a successful acquisition is significant. Whether the buyer has the talent and bandwidth to drive these strategies, or chooses to utilize the experience of Lighthouse to help drive cross sales or upstream/downstream revenue growth, the ability to maximize new opportunities will support the overall success of the acquisition.

[title type=”special-h6″ animation=”bottom-to-top”]Ask Lighthouse where and how you can defer some of that work and keep focus on the key drivers that lead to the decision to buy.[/title]