I want to expand my business. Should I look at mergers and acquisitions?

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There is a common saying; the fastest way to grow your business is to buy the competitor. A merger or acquisition is a great option for businesses looking to expand and want to access more market share, new supplier chains, new distribution networks or simply remove a competitor from the market. The best way to start this process is to search for a business for sale in your industry and save the search. Every time a new business is added matching your criteria, you will be notified, placing you in front of the queue for new opportunities. Be prepared so you can move quickly and expand your business. Another option is to hire a business broker who will actively approach competitors with a plan of acquisition. 

Tags: businessesforsale

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