I Wrote The Book

By SBS

I rarely speak personally about my business in a public forum. However, I’m at a stage in my career that I’m now comfortable speaking openly about my victories, and my losses. I’ve learned so much (especially about myself) over the years while running this company. I’ve failed as much as I’ve succeeded, but I never let it stop me or my entrepreneurial spirit. As a business owner, you have to stay focused and determined if you want to achieve your goals. Goals change, but your attitude should not.   Steiner Business Solutions has come a long way since it started out of my house in the winter of 2006. Over the years, I’ve employed dozens of staff and served hundreds of small businesses, with much to be proud of. We grew our brand and our revenue to levels I rarely imagined.  What a ride!   For those of you who don’t know, I made a huge life decision last year and sold my entire bookkeeping division at the end of 2019.  It was not planned, but opportunities present themselves and you have to act if you feel it’s the right decision. Of course, I had no idea a worldwide pandemic would hit the following year! But that transaction has allowed me to take on some new challenges – and I LOVE new challenges! Hence, THINK BIGGER, was born.   THINK BIGGER was first created in my mind while I was closing on the sale of my bookkeeping division. I was…

4 Ways to Ensure the Success of Your Merger and Acquisition

By imarketing

If you’re preparing to tackle a merger and acquisition (M&A) transaction, then you already know that the process is not for the faint of heart. A successful M&A has many moving parts, each demanding an equal share of your attention and time. From the basics of communication, to dealing with the critical legal and financial aspects, there are always a lot of balls being juggled in the air. A merger and acquisition is a time of flux, uncertainty, and opportunity for everyone involved. There are critical points throughout the process that will determine the eventual success of the transaction. Knowing how to navigate these points and move everyone smoothly from point A to point B is a critical component of a successful venture. You’ve probably noticed there are organizations out there who handle this process with ease. What are their secrets and how can you employ them in your own organization? Here are four strategies for a successful merger & acquisition. Establish Goals It almost seems too simple to warrant talking about, but establishing your goals in the earliest stages of an M&A provides a blueprint for the process. What are the real reasons that the M&A is taking place and what are the overall goals upon completion? Are you looking to completely reinvent the organization? Supercharge your market share? Pave the way for breaking into a new market segment? Establish and communicate these goals as early as possible. Start Fresh Perspective is everything. Too often, those involved in an…