Monday, January 7, 2013

Walden Jacksonville: The More Things Change…



Jim Snodgrass, Walden Jacksonville 
The More Things Change…

We all know the old French proverb, “the more things change, the more they stay the same.”  To say the least, we have navigated a period of unprecedented change over the past few months! 
During this time, one of the things that has changed is the perceived business climate for small business.  We are bombarded daily with media reports of the supposed retrenchment for small and medium size businesses resulting from uncertainty over the effect of tax increases, healthcare cost increases, regulatory changes, and numerous other unknowns.  One writer called it “a trifecta of uncertainty.”  To be honest, it reminds me of the inscription on ancient maps in the margins where no one knew what lay beyond: “there be dragons.”
But now for the good news!  During this same period, some things haven’t changed!  There is still lots of activity in the Mergers & Acquisitions field.  Indeed, industry experts note that Merger & Acquisition activity increased every quarter during 2012 and “conditions are ripe for a strong M&A market in 2013.”
What are these conditions?  There is an ever-present need for firms to:
·        Fill out their geographic reach
·        Augment their service offerings
·        Secure new customers
·        Acquire new management talent
These needs remain constant ­in spite of the uncertainties being touted by the media!
If you’d like to explore what this stronger M&A market means for your firm, contact me at (904) 687-8648 or via email at js@Waldenbus.com.

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