The Associated Press is saying that Microsoft wants to buy Yahoo and the story reveals that this is not the first time that the big guns have tried to nab the web portal and search engine.
Buying a competitor is a great way to grow your business and increase profits. If the deal goes through, Microsoft believes it can meld the strengths of both companies to create a more powerful Microsoft.
Small companies can learn from this big business strategy. We owners tend to think that we have to start everything from scratch and we're even proud when we succeed to say that we did it all by our little selves. This is silly and small which can be one reason that most small companies stay small.
We have studied more than one company here at Small Business School that grew through the acquisition strategy and we're happy to introduce you to one of those companies, Rowland Roasters in Miami.
