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Acquisitions can help you quickly grow your business by adding new customers, capabilities, and other relationships, etc. very quickly vs. organic growth. That said, acquisitions require cash, time to find target acquisition companies, and legal work to structure the deal as well as effort for integrating the acquired business. Acquisitions can make a lot of sense, but they are not something to pursue without clearly thinking through why it might make sense and all your options to reach your growth goals.

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Chris Hawkins

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4y ago

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