Discussion on 'How do you merge two small businesses?'

(1) On July 07, 2008 at 06:05 am IKk.answ [13] said:

HI THERE.

THIS IS JUST MY LAY MAN OPINION

YOU NEED TO FIGURE OUT WHICH BUSINESS IS BIGGER

THEN YOU NEED TO FIGURE WHO WILL RUN THE BUSINESS AND WHO WILL BE YOUR CEO AND VICE AND DEPARTMENT

THEN YOU NEED TO FIND OUT HOW MUCH THE SMALLER BUSINESS WOULD LIKE TO SELL THEIR BUSINESS

IN BUSINESS MERGER -- THERE IS ALWAYS A MONEY EXCHANGE INVOLVE

NO MATTER WHAT SORT OF PARTNERSHIP IT IS

THAT IS WHAT I WOULD DO

UNLESS YOU BECOME AN ALCOHOLIC

SO EVEN TWO SMALL BUSINESS -- ONE MAKES MORE MONEY THAN THE OTHER ONE

THE SMALLER ONE FOR SOME REASON -- MIGHT BE BUYING OUT THE BIGGER ONE

THAT IS POSSIBLE

FOR SOME INSTANCE

THE BIGGER ONE MIGHT BE GOING ON A BREAK -- A LONG VACATION

OR THEY WANT TO RETIRE

SO THEY OFFER TO HAVE THE BUSINESS RUN BY ANOTHER CEO

SO THE SMALLER BUSINESS BECOMES A CEO

BUT THEN IT OVER TOOK THE BIGGER BUSINESS

SO WHAT YOU GONNA DO

GOOD LUCK

KATHY

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