Comments on: Takeover Disasters http://sme-blog.com/how-to/plan-your-business/takeover-disasters?utm_source=rss&utm_medium=rss&utm_campaign=takeover-disasters Let's talk business, ....MICRO & SMALL BUSINESS! Sat, 12 Nov 2011 07:46:05 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Henal http://sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7262 Henal Tue, 11 Aug 2009 07:03:16 +0000 http://www.sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7262 I have come across many instances where there have been botch ups based purely on this point that you mention above. "Failing to retain key employees – It is possible that competitors will also try to steal your best employees at this time by playing on insecurities they have about their own future within the company. You must reassure them and also be forthcoming about job cuts because an atmosphere of uncertainty will lead to false rumours spreading." Keeping those key employees especially in the initial take over period is a very very important part of the takeover process and really can lead to the win or loose situations that eventuate. I have come across many instances where there have been botch ups based purely on this point that you mention above.
“Failing to retain key employees – It is possible that competitors will also try to steal your best employees at this time by playing on insecurities they have about their own future within the company. You must reassure them and also be forthcoming about job cuts because an atmosphere of uncertainty will lead to false rumours spreading.”
Keeping those key employees especially in the initial take over period is a very very important part of the takeover process and really can lead to the win or loose situations that eventuate.

]]> By: Mel @ Make Rain http://sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7261 Mel @ Make Rain Fri, 31 Jul 2009 09:58:30 +0000 http://www.sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7261 I have never been with a company that has been taken over, so had no idea all this could happen, very interesting and some sound advice if ever I thought of having my business taken over I have never been with a company that has been taken over, so had no idea all this could happen, very interesting and some sound advice if ever I thought of having my business taken over

]]> By: Robert Moore http://sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7260 Robert Moore Fri, 19 Sep 2008 15:01:05 +0000 http://www.sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7260 Not ensuring that you have correct funding in place which will ensure you have a good line of credit is also critical. Especially in these uncertain times.. Not ensuring that you have correct funding in place which will ensure you have a good line of credit is also critical. Especially in these uncertain times..

]]> By: Sell a business http://sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7259 Sell a business Tue, 26 Aug 2008 20:27:22 +0000 http://www.sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7259 Couldn't have put is better myself. Very sound advice. We deal with customers who make these types of mistakes daily. Getting to emotionally attached to a deal can result in you overlooking bad points which could come back to haunt you. Couldn’t have put is better myself. Very sound advice. We deal with customers who make these types of mistakes daily.

Getting to emotionally attached to a deal can result in you overlooking bad points which could come back to haunt you.

]]> By: Rostyslav http://sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7258 Rostyslav Wed, 23 Apr 2008 16:09:43 +0000 http://www.sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7258 Really nice article... your blog has inspired me a lot...:) Really nice article…
your blog has inspired me a lot…:)

]]> By: My del.icio.us bookmarks for April 17th through April 22nd | AccMan http://sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7257 My del.icio.us bookmarks for April 17th through April 22nd | AccMan Tue, 22 Apr 2008 18:59:52 +0000 http://www.sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7257 [...] THE SMALL BUSINESS BLOG » Blog Archive » Takeover Disasters - Good advice but I wonder how many professionals feel qualified to run the gamut of issues this raises? [...] [...] THE SMALL BUSINESS BLOG » Blog Archive » Takeover Disasters – Good advice but I wonder how many professionals feel qualified to run the gamut of issues this raises? [...]

]]> By: Chris Burgoyne http://sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7256 Chris Burgoyne Tue, 22 Apr 2008 08:59:06 +0000 http://www.sme-blog.com/how-to/plan-your-business/takeover-disasters#comment-7256 As a real example to this, I worked for a large UK company who purchased a company based on the culture and sales figures. Proper research into these sales figures was not carried out and once the purchase had been agreed the figures simply did not add up. As for the culture.. yes it was there but it is very important to make sure that the company you take-over / purchase fits with the whole ethos of your parent company as a whole. Otherwise consumers may not "buy into" the company you are portraying. Great article this - so many things to consider. Chris Burgoyne www.loan-machine.co.uk www.iva-machine.co.uk As a real example to this, I worked for a large UK company who purchased a company based on the culture and sales figures.

Proper research into these sales figures was not carried out and once the purchase had been agreed the figures simply did not add up. As for the culture.. yes it was there but it is very important to make sure that the company you take-over / purchase fits with the whole ethos of your parent company as a whole. Otherwise consumers may not “buy into” the company you are portraying.

Great article this – so many things to consider.

Chris Burgoyne
http://www.loan-machine.co.uk
http://www.iva-machine.co.uk

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