What Should the Incoming Owners Do After Acquiring a Business

question 34

Multiple Choice

What should the incoming owners do after acquiring a business?

• A) Reach out to old employees to get an inside view of the business
• B) Fire old employees
• C) Make major changes over the first few months
• D) Change old suppliers and customers

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Definitions:

Thousand Cubic Feet

A unit of measure used primarily in the United States for volume, often in reference to the consumption or production of natural gas.

Natural Gas

A fossil fuel used as a source of energy for heating, cooking, and electricity generation, composed mostly of methane.

Mcf

A standard measurement of natural gas volume, equivalent to 1,000 cubic feet.

Cash Flow Analysis

A detailing of how money comes in and how money goes out over a fixed period of time.