Business growth doesn’t always happen organically, nor should it.
If your team would be better served by acquiring another business than creating something yourself, a strategic acquisition might be the right choice if your budget can cover it.
If you’re looking to buy tech or another team, ask yourself some key questions.
- Does it make strategic sense for your vision?
- Are you the best person to build it?
- Can you make money immediately and maintain quality while integrating different competencies?
By answering these questions, you can decide if an acquisition is right for you.