Contact Menu
Baker, Dublikar, Beck,
Wiley & Mathews

Can you make a business merger successful?

Forming, organizing and strengthening a new business requires more than your financial savvy and entrepreneurship. It also requires you to persevere, be willing to take risks and develop strategic plans. Fortunately, if you are considering a business merger in Ohio, there are steps you can take to influence a successful outcome.

According to, business owners like yourself can benefit from several behaviors that set the stage for a rewarding business merger. These suggestions include the following:

  • Carefully select candidates: As you begin to consider your options for businesses to merge with, you will benefit from creating a method for screening each of your candidates. You should pay particular attention to each candidate’s core competencies, mission and brand image.
  • Write your goals: Immediately upon beginning deliberations with another company, you should make your long and short-term goals clear. Carefully articulate your vision and the path you anticipate following to achieve optimal results.
  • Maintain financial health: The financial health of your business is imperative to executing a successful merge with another company. Before finalizing important deliberations, do your part to analyze your finances and identify areas where simple improvements can create long-term wealth.
  • Use each other’s strengths: Another valuable suggestion is to create a transition team. This important group of professionals will combine experience, personal strengths and familiarity with your company, to help the organization successfully transition to its new being.

You should also carefully plan the step-by-step integration of your business with another entity. This allows you something against which you can measure your progress. The information in this article is intended for informational purposes only and should not be interpreted as legal advice.

No Comments

Leave a comment
Comment Information
super lawyers a v | lexis nexis | martindale hubbell | peer review rated | for ethical standards and legal ability the best lawyers in america ohio state bar association | est 1880 stark county bar association
Email us for a response

Office Location

Baker, Dublikar, Beck, Wiley & Mathews
400 South Main Street
North Canton, OH 44720

Phone: 330-470-7780
Fax: 330-499-6423
Map & Directions

Contact Our Attorneys

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Back to top