This week, I want to bring your attention to a book that may not be directly related to 3D printing, but could still be valuable for companies in the industry. “Mergers & Acquisitions For Dummies” by Bill Snow dives into the complex world of merging and acquiring companies. Now, you might be wondering why this book would be relevant to the 3D printing community, but bear with me.
As someone who has been a part of several mergers and acquisitions throughout my career, I can attest to the fact that it is a multifaceted and intricate process. However, not everyone may need guidance in this area. Big players like Stratasys or 3D Systems probably have a team of experts and consultants to handle their mergers and acquisitions. But what about the smaller players in the 3D printing industry?
Imagine a scenario where a 3D printing entrepreneur is running a small print farm. They come across a freelance 3D designer who develops incredible content, and they decide to merge their operations. The two functions are complementary, but how do they go about integrating their businesses? This book provides a roadmap for merging companies, regardless of their size.
In “Mergers & Acquisitions For Dummies,” Snow outlines a series of steps that should be followed by those involved in a merger or acquisition. The book covers everything from pre-planning and marketing to selling and closing the deal. There are numerous considerations to keep in mind, and smaller businesses can certainly benefit from this knowledge before diving headfirst into a merger.
If you find yourself running a small 3D print business and contemplating a merger, I recommend giving this book a read. It will give you a deeper understanding of the processes involved and what it takes to succeed. And don’t forget that by purchasing this book through our Amazon Associate link, you’ll be supporting our 3D print news service. So, go ahead and check it out!
Share this post with others who may find it helpful in their journey towards merging or acquiring companies. Together, we can empower the growth and success of the 3D printing community.
