Starting and maintaining a small business in Georgia requires a good deal of planning. Business organization requires a delicate balance of what can be done internally versus what a company will need from outside sources. Mergers and partnerships can be invaluable in achieving a company’s goals, but can also cause unforeseen issues.
There is a saying that too much of a good thing can be bad. That is also true when it comes to expanding a business. Relying too much on internal sources can limit the growth of a company. On the other hand, dealing with too many external companies can cause conflicts of interest and potentially open up principals of the company to liability. Too many acquisitions will dilute the company and reduce the moral of core teams.
Keeping a company’s internal people working with incentives and encouraging them to work independently can keep a company growing in the direction in which it was originally intended. Outside advisers can assist with growth opportunities and acquisitions may only be made when it will benefit the company as a whole — not just for the sake of growth. Making these decisions may not always be easy.
Georgia businesses that are looking to grow and expand may benefit from some assistance with their business organization. There are a lot of business decisions that are subject to the scrutiny of government agencies. Before these decisions are made final, it may be necessary to ensure that the business is in compliance with all governmental laws, rules and regulations at state and federal levels.
Source: Business Insider, Startups Need Mergers And Acquisitions For Growth, Martin Zwilling, Oct. 8, 2013