Business

How to grow your business by acquiring a distressed company

1 April 2020

How to grow your business by acquiring a distressed company

Source: Adobe Stock

Every acquisition carries an element of risk, making it particularly understandable that, when looking to acquire a new business, some entrepreneurs are wary of purchasing a company that is already in debt.

However, for those who may instinctively avoid such a purchase, the fact that a business may be distressed or come with outstanding debts should not be the reason to discount it. With careful planning and research, such expansions can lead to prosperity and financial growth.

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