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Tip #69: Acquiring another company may be a good way to increase growth and value.
Many companies have made successful acquisitions over a period of time. But the company to be acquired must find a good fit. It must be able to be integrated into the operation, and working with both sets of employees is a strong consideration. But acquiring another company can be a great strategy to accelerate growth rather than wait for the normal internal growth. New products, new customers, new equipment and valuable employees can be obtained and the value of the acquiring company can be maximized.
