By k | May 29, 2013 - 6:00 am - Posted in New Business Development

A common way
for a small company
to get bigger
is to merge with another small company.

This is common
but not easy.
According to a recent
Harvard Business Review study,
between 70 and 90 percent
of mergers fail.

Glen LeBlanc
has twice helped companies merge.
In May/June’s CMA Magazine,
he shares

“One of the biggest challenges
was merging business cultures.
Financially, it’s easy finding reasons
to bring companies together.
But can you bring
customers and employees with you
to the end of the journey.

You have to develop a common culture
that everyone signs up for,
and get people to see
that the future can be brighter
by showing progress
in your new strategy.”

Consider cultures
when deciding
whether or not to merge.

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