Click here for an interesting article that considers the pros and cons of organically growing a company through internal efforts versus growth through acquisition. It leans toward making acquisitions but is fairly balanced in its approach.
“There’s an interesting conversation to be had around this topic for every unique business situation, and there’s truly no “right” answer that fits every circumstance.”
However, it does leave out another option - growth through partnerships, whether with a complementary business or investors or both. These partnerships can provide benefits (expertise, customer access, technology, financing, etc.) that usually must be balanced with adjustments in control over business decisions.
FLX Business Services helps businesses sort through these decisions and move forward with a strategic plan that plays to the strengths of the business and market opportunities.
Click here to book a free initial consultation.