How do you scale your company into a multi-site, multi-state operation and still have the platform needed to run the company effectively?
With the trend of rolling up certain verticals to create economies of scale, this is always one of the biggest management challenges. Multiple “Bolt-On” acquisitions of new businesses without the appropriate integration planning can lead to unmanageable situations and quickly bring a company to its knees.
The partners at Hardesty, LLC have successfully helped hundreds of business owners and institutional investors develop and execute plans to integrate new businesses for long-term sustainability. Working with our client’s internal resources and deploying the right mix of experienced, interim executives that have been down this road before, will mitigate most major issues.
Key Elements of Systematic ScalingKPI’s/Metrics – Identification & visibility to business driversReporting – Timely meeting of milestones as an operational toolRegulatory – Federal or Local regulations add to the complexitySite Management – Centralized vs. decentralizedGrow/Buy Right – Comprehensive due diligence for de novo or acquisition growthSystems – Interoperability of disparate systemsKey Levers of Business – Never let the business purpose out of sightKey Assets – People; Ensuring key skills are maintained after the sale