15min chapter

David C Barnett Small Business and Deal Making M&A SMB cover image

Buying An Out Of State Business

David C Barnett Small Business and Deal Making M&A SMB

CHAPTER

Remote Management Strategies for Out-of-State Businesses

This chapter focuses on the critical aspects of building a reliable local team when acquiring a business in a different region. It discusses the importance of local connections, technology tools for remote management, and the necessity of effective systems for overseeing operations. With an emphasis on establishing strong communication and contingency plans, the chapter provides insights into mitigating risks and ensuring operational efficiency from afar.

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