Second Thing You Need to Consider Before Merging.

Make Sure Company Cultures Mesh.

As important as the actual business combination is whether the respective cultures are compatible. If they clash, the result can often splinter the entity, and destroy one, if not both, businesses. “Examine the cultural issues as carefully as if they were a balance sheet item,” Levy recommends. Quite frankly, “Nobody wants to marry a creep. Will your employees be valued, respected? Unfortunately, sometimes the best financial deal is from the worst buyer. You don’t want to be full of regrets,” says Joe Aberger, author of Selling Your Business: Making the Right Moves, Avoiding the Costly Mistakes. How difficult will it be to integrate the two companies? “The failure to plan the successful integration is one of the key reasons a M&A fails,” says White.

Read the full article at: http://blog.intuit.com/money/5-things-you-need-to-know-before-merging/

Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.

Keywords: Business consulting for women entrepreneurs in Houston, Advice for women entrepreneurs, Business Coach in Houston, Growth strategies for small business, Business continuation for women, Growth for women-owned businesses, Houston business coaching, financial strategies for small business, small business consulting in Houston, business management consultant