It’s OK to walk away.
By Marc Rosenberg
CPA Firm Mergers: Your Complete Guide
For anything really important in your life, do you opt for the first choice that comes your way? Did you marry the first person you had a crush on? How many jobs did you accept without checking out other opportunities? When looking to hire someone, did you interview only one person? Do you make an investment without considering alternatives? I trust the answer to all of these is a resounding no.
MORE: 34 Steps to Implement a Merger | M&A: The Six Types of Due Diligence | Twelve Tips for Negotiating Mergers | Buying a Solo | Why Merging in Smaller Firms Is Fabulous | 13 Reasons to Merge Up | Thinking Merger? First Ask Why.
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The same advice applies to mergers, whether you are a buyer or a seller. The more firms you talk to and negotiate with, the more expertise you acquire with the merger process. As the saying goes, “Information is king.” More knowledge, information and experience are always better than less.
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