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How to prepare for Post acquisition – After you Buy Your Digital Assets

Posted by Ron Matheson in Videos
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How to prepare for Post acquisition – After you Buy Your Digital Assets

 

During the process of transition from working a 9-to-5 job to business ownership, expect to deal with a lot of moving parts. You’ve gone beyond “how to buy digital assets.” This time, it’s time to face the challenge, and discipline will help you navigate through dealing with newly acquired digital assets.

The first week of post-acquisition integration will feel overwhelming. A stream of information overload will flood your mind after you buy a digital asset. You’ve made a big leap, and this is to be expected instead of feared. As a week of training passes by, you’ll see yourself picking up on the processes and the entirety of the business operations.

Assessing Your New Digital Assets

Digital assets are properties in digital format. But to be truly called an asset, it should have a value. A website may be digital property, but if it doesn’t bring in money, then you can hardly call it a digital asset. But if you’re selling courses through a website, then those courses are your digital assets.

After you buy digital assets, part of owning them is assessing their value. Not all digital assets hold the same value—some, like unique images or videos of once-in-a-lifetime events, are irreplaceable and hold significant worth far beyond their production costs. 

On the other hand, certain assets, such as accounts created for online purchases, may have little to no value. To accurately value your digital assets, it’s essential to evaluate their uniqueness, source, and potential impact on your business. By doing so, you can prioritize those that offer the most value and ensure your resources are focused on maintaining and leveraging these key assets effectively.

Defining Your Post-Acquisition Goals

The transition you’ve made has likely made you check terms such as “post acquisition definition” just to educate yourself about what M&As entail. As your first step, remember to have a clear view of what you want for your digital assets by answering these questions:

  • Why did I acquire this asset?
  • What do I hope to achieve in the future with this digital asset?

 

Clarity helps identify the core value drivers and ensures they are reflected in the post-merger integration strategy. Important factors such as improving efficiency, enhancing scalability, and utilizing technology to support the merged organization should be prioritized. 

With these goals in mind, you can develop a post-acquisition integration plan that balances immediate actions with long-term objectives, even when changes take place in the middle of the process.

Technical Integration

Many acquisition integration processes falter early on, making it essential to address potential issues from the outset. In other words, things may not go as planned, and you need to be nimble and creative in your approach to integrate. 

Expect long hours with your integration team in the beginning. Expect to be overwhelmed with a data overload and remember that being successful means being savvy, organized, shrewd, and above all, prepared for the disasters that inevitably will come.

A clear cost-management process should be established and maintained to avoid unnecessary costs. The chosen platform, whether it’s the parent company’s existing ERP or a new solution, should support a stronger, more efficient organization, ensuring the integration aligns with the strategic goals of the acquisition.

A successful technological integration plan in a post-acquisition setting begins with thorough planning and careful selection of a unified platform. Given that a significant portion of business synergies rely on technology, ensuring a smooth integration process is paramount.

Content Strategy

Now that you’re working with a unified strategy, it’s time to draw a new set of content objectives that target upcoming and existing audiences. Define your brand voice.

Review and assess the current content from both companies to decide what to retain, adapt, or eliminate. Afterward, Perform a detailed audit of the acquired brand’s content to identify valuable assets and areas for improvement. 

Finally, content creation workflows should be refined, standardizing them to align with the new strategy. Make your brand voice consistent across all marketing efforts to showcase your company’s essence and its edge over competitors in the market.

SEO Considerations

The truth is that changes to the website post-acquisition are bound to impact a website’s ranking on search engines dramatically. But at the end of the day, you simply need to go back to the basics: optimizing for organic search.

After the migration, backlink corrections, and content updates, your SEO team should explore additional opportunities to improve organic search rankings.

Branding and Design

M&A brand strategy merges two companies into a cohesive brand by unifying their values, messaging, and design. It involves setting a clear purpose, maintaining consistent communication, blending visual elements, and involving employees. 

Effective practices include initiating branding efforts early, regularly updating stakeholders, auditing both brands, remaining adaptable, and consulting branding specialists. Continuously evaluate the brand’s impact and gather feedback to refine the strategy and ensure a seamless integration and strong, unified identity.

Team and Workflow Integration

Post-acquisition, managing workflow and team integration poses significant challenges. With task functions restructured, every team member should practice effective communication.

A well-designed post-acquisition integration handbook addresses these issues by offering a comprehensive guide for integrating operations and teams. 

The roles and responsibilities are clearly written in the guidebook, making it a handy reference for everyone going through work integration. Moreover, it helps clarify expectations and reduce confusion. 

It is an indispensable communication tool that creates alignment and bridges the gap between the old and new, detailing processes, key milestones, and the integration timeline.

Communication should be a two-way interaction, so post-acquisition employee survey questions will be beneficial.

Legal and Compliance

Below is a quick checklist to make sure that your company follows laws and compliance policies post-acquisition:

  • Ensure employees are well-informed about changes to benefits and growth prospects to prevent issues like mass resignations. 
  • Review and optimize tax strategies to manage liabilities effectively. Conduct a thorough IP audit to secure valuable assets.
  • Examine existing contracts for compliance and necessary adjustments. Address ongoing litigations and strategize to manage risks. 
  • Check if the insurance coverage is adequate and regulatory requirements are met.

Financial Management

There are bound to be redundant processes that might incur costs if left unchecked post-acquisition. The services of finance professionals will help identify and streamline these inefficiencies, making sure that the integration is cost-effective and resources are allocated wisely.

Additionally, maintaining healthy cash flow will be part of the integration. The finance team within the company is in charge of managing cash flow and ensuring that the combined entity has the necessary financial resources for both daily operations and strategic initiatives.

Customer Communication

This aspect is where you will use the strategies you’ve formulated in terms of marketing and branding. Through your various promotional channels, showcase the benefit of the M&A while maintaining the consistent messaging you’ve decided on.

Monitoring and Optimization

After the merger, finance functions are crucial in overseeing the financial performance of the unified entity. Prompt and precise financial reporting is essential for evaluating the effectiveness of integration efforts and guiding informed decision-making.

For more information about our services including guidance and support on the following:

  • Mergers and acquisitions
  • Post-acquisition disputes
  • Post-acquisition due diligence
  • The integration process of an acquired company
  • Which digital assets to buy
  • Acquisition strategies
  • How to sell websites

 

Just give us a call at 1-800-251-1559 or by visiting our website at WebsiteClosers.com. You can also learn more about us by visiting our other videos available on YouTube. Search for “Website Closers.”

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