Acquisition: It Starts with a Why

I am frequently asked for an advise about, “How do I open *** business? How do I develop *** product? How do I host *** event?” Before I get into strategic or tactical recommendations on the most effective and efficient way to do it, I always ask the question “Why do you want to do it?” It’s rare I receive a concise and clear answer that aligns with professional or personal goals. Frequently after a deep soul searching conversation we arrive at surprising answers. 

Earlier this year I acquired @flexistretcher brand - a very exciting addition to the RP Group family! If you are looking to acquire a company here are a few reasons, according to UpCounsel, as to why it might make logic. Look at the reasons to buy a company:
• Finding new markets
• Industry roll-up strategy
• Getting advanced technology
• Market window strategy
• Product supplementation strategy
• Getting new personnel
• Synergy strategy
• Geographic growth strategy
• Increasing market share
• Diversification strategy
• Vertical integration strategy
• Increase supply chain pricing power
• Adjacent industry strategy
• Eliminate competition 
Wishing everybody great business expansions!

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