The idea of a merger or acquisition is somewhat of a scary or exciting prospect depending on how an entrepreneur chooses to see it. When two or more businesses decide to join forces and emerge as one massive conglomerate, then that decision obviously comes with its own set of challenges and obstacles that people from all parties have to contend with. Moreover, even if two trusted enterprises mutually agreed to combine their brands, the entire process isn’t exactly a walk in the park from start to finish for everyone involved.
And while some entrepreneurs might be receptive to the idea of an acquisition or a merger, there are those who eye such events with suspicion or hesitation. This kind of wariness is understandable given that these business-minded individuals might want to retain their sense of independence rather than having to associate themselves with other businesses that they consider as their fiercest competitors. But oftentimes, the allure of a potentially lucrative business alliance is enough to convince skeptics to support the idea of mergers.