Love is blind - even when buying a company?

The dream of self-employ­ment with unlimi­t­ed freedom to make decis­i­ons and the good feeling of then being one’s own boss still drives many commit­ted profes­sio­nals inward­ly today. Zfor luck! The eye may fall on a certain compa­ny and the fire of enthu­si­asm is quick­ly kindled. At this point sicher­lich Sober­ness is needed, becau­se love is blind ? even when buying a compa­ny. Be your own biggest critic and questi­on your motives. What parti­cu­lar­ly appeals to me about this compa­ny I’ve been eyeing? Is it perhaps the possi­ble path to quick success? Or is it a speci­fic product or the special niche of a parti­cu­lar industry?

Compa­ny exchanges 

Equip­ped with versa­ti­le experi­ence in manage­ment positi­ons and the ever-present motiva­ti­on to give every­thing at all times, numerous managers take the plunge into self-employ­ment. Usual­ly, this path begins with a searching look at the available compa­ny exchan­ges. Here, for examp­le, would be the German Enter­pri­se Exchan­ge (DUB for short) or the initia­ti­ve of the Minis­try for Econo­mic Affairs and Energy nexxt-change to name. A first impres­si­on is quick­ly created that there are a large number of compa­nies that are alrea­dy for sale today. 

Struc­tu­red approach to compa­ny acquisition 

Proceed in a struc­tu­red manner and list your selec­tion crite­ria precis­e­ly before the active search: Indus­try, region, number of employees, turno­ver, EBIT, own finan­cial resour­ces, purcha­se price. These seven crite­ria offer you an initi­al orien­ta­ti­on for a sober search for the right compa­ny for you. Disclo­se your conside­ra­ti­ons. Talk to close friends and family. Allow your closest allies to check out your conside­ra­ti­ons and also to questi­on them criti­cal­ly. After­wards, an outside view from a neutral third party with a lot of experi­ence is extre­me­ly helpful. Good advice is not expen­si­ve ? it is above all valuable.

Advisor for the acqui­si­ti­on of a company 

The tax advisor can check your project for feasi­bi­li­ty and will also ask you challen­ging questi­ons. A lawyer, in coope­ra­ti­on with a notary, can help you to draw up ‘water­tight’ contracts around the acqui­si­ti­on of a compa­ny. contracts for the acqui­si­ti­on of a compa­ny. Your bank advisor can help you find possi­ble subsi­dies and will assist you with finan­cing. A succes­si­on advisor uses compu­ter-aided analy­sis and process techno­lo­gy and the experi­ence of numerous M&A proces­ses to check the fit between you and the compa­ny that is for sale. In additi­on, the larger adviso­ry networks have a large number of sales manda­tes that will be presen­ted to you as a buyer on a prefe­ren­ti­al basis. Follow your dream of self-employ­ment with open eyes and equip yours­elf with good advisors. Plan a five-figure budget for adviso­ry services! This way you will safely and successful­ly take big steps towards the fulfilm­ent of your dream.

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TIPS for further reading: 

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