In the predicament, printing companies should not blindly "catch up the tide"

With the outbreak of the economic crisis, many printing companies are on the verge of bankruptcy, which has intensified the boom in corporate mergers and acquisitions in the printing industry to some extent. When investors are robbing business opportunities, don't forget to conduct the necessary review of the target companies.

1. First, make sure you want to acquire a company. If you want to enter a new market, make sure that the newly acquired company can meet the needs of this market.

2. Make sure you have enough time and resources. Managers always want to complete the transaction as soon as possible, but you should never be impulsive and must conduct a full investigation before making a decision. In addition, you have to make sure that your company is in a normal turnaround while negotiating.

3. Determine what the target company will be bankrupt. If you feel that the problem is difficult to solve, then give up the idea of ​​acquisition.

4. Visit important customers and ask for their opinions on your acquisition. Also, don't forget your suppliers and creditors, they are also your important allies.

5. Understand the contingent liability information of the target company, as these contents will not be displayed on the company's balance sheet.

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