Are you looking at being acquired? SmallBizTrends asked our founder John Rampton about what it’s like being acquired.
Since having his last business acquired, he has started one of the worlds best online invoicing and time tracking companies. Hope you can help us grow it!
Read full SmallBizTrends article on acquisitions here.
Here is what he told them:
Whether the Numbers Match Up “I’ve lost a lot of money on acquisitions in the past by not making sure that their books, sales and other systems match up. Have a firm go in and audit everything. Then audit it yourself. Any company that doesn’t allow you to take a look at everything and take the engine apart isn’t worth your time. If you’re really going to buy them, they should have no problem.”