To many small and medium businesses in Nashville who survived the pandemic, the worst is not over yet. Economic activity is certainly picking up again in the city, but as any CPA will attest, the road to recovery is strewn with challenges.
If you find yourself in that situation, one of the solutions you can consider is a merger with another business. A merger may offer your business a way forward, and even a good chance to grow and thrive.
However, this move also has many pitfalls, and without the right planning and analysis, could do you more harm than good.
Before undertaking a merger, ask your CPA for professional advice and assistance in going through the process.
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