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On a bad note, mergers fail when there is a level of mistrust and poor communication. However, with credible preparation, you can be rest assured that both businesses are set on a course to achieving what the merger sets out to accomplish. In this article, I identify six things you must consider to ensure a successful merger.
- Consistent Communication.
- The New Business Arrangement.
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- Juggling Two Different Cultures.
- Agreements And Documentation Need To Be Formally Signed.
- Verify What Has Been Agreed.
- Plan For The Worst.
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