SWOT, strategy and offer
Worked from home today make a decision on the acquisition target.
Now some people can just day dream and think through all the issues, key topics and ideas. Others prefer to talk about the business and debate the points. For me, I have to write them down.
So job one was to write a SWOT analysis on the business and proposition. That lead into a document on what I would do with the company, areas to concentrate on, should the deal go ahead and finally the third part of the jigsaw puzzle, what my offer will be.
I called the MD a few times to chat through some small things I had noticed and took time over the paperwork. I left my thoughts for a few hours before returning. It does help view the original document through a fresh pair of eyes. After making some small changes, I e-mailed the offer and document on what I would look to do with the business to the MD. As he will be staying in the company, it is important that I get his buy-in prior to the deal going ahead. If he does not like the ideas or simply does not want to buy into them, the deal will be off. The risks of buying the company would be too great.
So now we wait…
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