What is a Business Acquisition Strategy?
A business acquisition strategy is a plan designed to help business leaders and teams identify, evaluate, and acquire new businesses to expand their offerings. It outlines the steps that need to be taken to assess potential acquisitions and negotiate the terms of the sale. It also provides guidance on how best to integrate the acquired business into the new organization.
What's included in this Business Acquisition Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Business Acquisition Strategy template for?
This strategy template is for business leaders and teams that are looking to identify, evaluate and acquire businesses in order to expand their offerings. It provides a guide on how to develop an effective acquisition strategy, from researching potential acquisitions to evaluating the financials and market trends, negotiating terms and closing the deal, to integrating the acquired business into the new organization.
1. Define clear examples of your focus areas
Focus areas are the broad categories that you will use to organize your business acquisition strategy. Examples of focus areas include Identifying and Evaluating Businesses, Negotiating and Finalizing Acquisitions, and Integrating Acquired Businesses. Each focus area should have its own set of objectives, actions, and measurable targets (KPIs).
2. Think about the objectives that could fall under that focus area
Objectives are the goals that you want to achieve within each focus area. For example, under the focus area of Identifying and Evaluating Businesses, your objectives might include Identifying Potential Acquisitions and Evaluating Potential Acquisitions.
3. Set measurable targets (KPIs) to tackle the objective
Measurable targets (KPIs) are the targets that you will set for each objective. For example, for the objective of Identifying Potential Acquisitions, you might set a target of discovering 10 potential acquisitions. KPIs should include a measurement, initial value, target value, and unit.
4. Implement related projects to achieve the KPIs
Projects (Actions) are the steps that you will take to achieve each KPI. For example, for the KPI of discovering 10 potential acquisitions, an action might be to research and analyze the market. Each action should be linked to a KPI, and should be specific and measurable.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade is a strategy execution platform that helps business owners and teams create, implement and measure their business acquisition strategies. Cascade’s tools make it easy to set objectives, track progress, and measure success. With Cascade, you can see faster results from your strategy and make more informed decisions.