Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Why buy another company (as opposing to focusing on your existing business)?


It depends on what skills you bring to the table. (Personally) I know I can execute and grow. But I can't for the life of me find an idea to get started with.

Also, if you already have an existing business (such as the OP), then you may be able to bring some cost savings (therefore more profit) than someone coming in cold.

Or if you already have an existing client base, adding another business to the mix means you may be able to sell to them


Buying your own customers is a very expensive way to increase sales...


You might hit the plateau, or get into a decline state and use new products to grow your business


Tax write off? He's too profitable, perhaps!


If your business is too profitable, you may try to grow faster -- that guarantees to eat all extra profit (see Amazon).




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: