Strategic Alternatives

Strategic Alternatives for Business Owners

The best course may involve a transaction, preparation for a later decision or a deliberate choice to remain independent.

Strategic Alternatives

More than one path may be credible

Alternatives may include remaining independent, selling all or part of the company, recapitalizing, bringing in a partner, combining with another business, pursuing acquisitions or planning a family or management succession.

Each alternative should be evaluated against the owner’s objectives, the company’s needs and the consequences for control, liquidity and continuity.

Strategic Alternatives

Sequence and timing matter

A company may benefit from strengthening management, financial reporting or operating performance before pursuing a transaction. In other circumstances, timing or risk may favor earlier action.

A strategic review should clarify choices and tradeoffs before circumstances narrow them—not assume that a transaction is always the right answer.