{"id":46386,"date":"2015-12-16t05:00:33","date_gmt":"2015-12-16t10:00:33","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=46386"},"modified":"2017-05-11t15:45:08","modified_gmt":"2017-05-11t19:45:08","slug":"mergers-assessing-compatibility","status":"publish","type":"post","link":"\/\/www.g005e.com\/2015\/12\/16\/mergers-assessing-compatibility\/","title":{"rendered":"mergers: assessing compatibility"},"content":{"rendered":"

\"overhead<\/a>bonus checklists: 8 questions to answer and 23 issues to negotiate.<\/strong><\/p>\n

by marc rosenberg<\/span><\/i><\/p>\n

these questions can be explored via interviews or group sessions. but they are all great questions that will give insight into each firm\u2019s culture and personality.<\/p>\n

more on mergers:<\/b> what to discuss at the first merger negotiation meeting<\/span><\/a> | <\/span>14 provisions to include in a letter of intent<\/span><\/a> | <\/span>case studies reveal potential loi issues<\/span><\/a> | <\/span>want to merge? ask for data<\/span><\/a> | <\/span>the merger process in 21 steps<\/span><\/a> | <\/span>13 ways to screw up a merger<\/span><\/a> | <\/span>15 can\u2019t-skip merger terms to decide<\/span><\/a> | <\/span>14 keys to a successful merger<\/span><\/a> | <\/span>13 reasons accounting firms merge<\/span><\/a> | <\/span>mergers 101: when negotiations aren\u2019t really negotiations<\/span><\/a> | <\/span>5 steps to take before merging<\/a><\/span><\/p><\/blockquote>\n

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  1. why do the firms really<\/em> want to merge? after the merger, will the firms have the commitment and wherewithal to realize their expectations? acid test: if some of the main reasons for doing the merger are clearly not realized 12 months later, which issues and failures would make you the most upset and frustrated?<\/li>\n
  2. how would the new firm be better than the sum of the two individual firms?<\/li>\n
  3. do both firms share a similar vision for what the firm should look like in five\u00a0years? growth, services offered, specialties desired, industries served, number of offices, etc.?<\/li>\n
  4. do you share similar values? values include things like how billable a partner should be, how important it is for a partner to follow the rules, the importance of being a business-getter, how staff are treated, work ethic, etc.<\/li>\n
  5. each firm should tell the other the following:<\/li>\n<\/ol>\n

    read more →<\/a><\/p>\n