8 Famous Corporate Mergers in the Business Industry

There are various strategies for firms to diversify or expand their business. Of the many, one is by means of a corporate merger. A merger occurs when two or more business entities decide on amalgamating their assets into a single entity. Every year, firms that are incapable of performing further business either sell out their … Continue reading “8 Famous Corporate Mergers in the Business Industry”

There are various strategies for firms to diversify or expand their business. Of the many, one is by means of a corporate merger. A merger occurs when two or more business entities decide on amalgamating their assets into a single entity. Every year, firms that are incapable of performing further business either sell out their business or merge with another strong opponent.

But when companies merge, various other things are also influenced through this decision. One of the many things that alter in a corporate merger is a logo. A logo design is an indispensable part of a corporation’s brand identity. This is the reason that when corporations unite, they need to alter their logos to reveal the same. Let us discuss some of the most famous corporate mergers that have occurred in the business industry:

1. Commerzbank:

One of Germany’s toughest financial organization, Commerzbank decided to merge its banking operations with another bank namely Dresdner Bank. The company used the name “Commerzbank” but also included a few elements of Dresdner Bank’s logo in their new identity.

2. Citigroup:

Another famous merger took place in 1998 between Citicorp and Traverlers Group. Both these financial companies combined into a single unit called Citigroup, an American financial services company.

3. Regions-Union Planters:

Yet another famous merger in the financial industry was taken place between Regions Financial Corp and Union Planters Corp. The newly instituted conglomerate was named “Regions-Union Planters with an identity showcasing green color and three-leaf delta device.

4. ExxonMobil

ExxonMobil is a great example of corporate merger in the oil and gas sector. This oil-giant American oil and gas corporation was made in 1999 via unison between Exxon and Mobil.

5. Glaxo Smithkline:

Coming to the medical industry, we have a big example of Glaxo Smithkline. This medicinal company was created through a combination of two pharmaceutical companies GlaxoWellcome and SmithKline Beecham.

6. Century Link:

Century Link is the union involving two telecommunication corporations namely CenturyTel and Embarq. Its identity has infused aspects of both the companies.

7. J P Morgan Chase:

Most of us are familiar of J.P Morgan Chase. It was created in 2000 via a corporate merger between Chase Manhattan Corporation and J.P. Morgan & Co.

8. HBOS:

HBOS, short for Halifax Bank of Scotland, is a financial company based in UK. It is a entirely owned by Lloyds Banking Group. It was formed via a corporate merger between Halifax and the Bank of Scotland both belonging to the United Kingdom.

Female Business Owners to Dominate Business Industry in the Future

Female business buyers keep growing. Motivating factors behind this trend appears to be led by the desire of women to be their own boss. To be able to earn more and live a better lifestyle are also among the popular factors as to why women pursue entrepreneurial path.

According to NAWBO (National Association of Women Business Owners), there are 8.6 million firms owned by women, employing nearly 7.8 million people, and generating $1.3 trillion in sales as of 2013. Women-led businesses are also reported to grow faster. Currently, businesses owned by women accounted for 28.7% of all businesses in the country.

Men willing to wait, Women jumps into new venture

Majority of men business sellers would want to be involved in a much bigger business than their last. That is why they are selling their previous one in the first place. And to own that big business, men are willing to wait for the right opportunity to come. Whereas, women jump into another business or re-enter the workforce upon selling their businesses.

Varied Preferences on buying/selling businesses

Women and men’s preferences when it come to buying and/or selling a business widely vary. Women are open to different kinds of businesses to run compare to men. Among their most preferred choices are retail and beauty salon/barber shop industry. Hence, businesses led by women grow faster which result to expansion in less time. Men, on the other hand, tend to invest in a niche industry where every transaction costs thousands and even millions. They are fond of big transactions, so to speak. Women are also more likely to join the online world when selling/buying businesses.

Challenges of Women-Led Businesses

Although women are thriving, the business industry seems to be a hostile environment for them, where only men are given favor. According to SBA (US Small Business Administration), women don’t reach for funding because their requests are often rejected. Some of the reasons given for the disparity are lack of education in the high technology, underrepresentation among potential investors or a lack of experience looking for by investors on their potential business partners.

There is a lot of opportunity that awaits women in the business industry.

When the gender line between men and women blurs, and both can be given the same opportunity and resources, it wouldn’t be far before women lead the business industry.

Work From Home Review – Learn How To Rules On How To Succeed In The Home Business Industry

When it comes to business failures, mistakes in business and business challenges; I bet I have written a great deal on this business blog with respect to those subjects. So today, I want to deal strictly regarding how to prevent your business from failing.

Statistics show that 99% of all companies started, fail in their first five years. Now what’s the cause of such high rate of economic failure? I can’t solution that here because I’ve explained everything in previous posts; just check them out.

In this article, I would like to share with you how you can get your company off the list of the 99% failures; I want to discuss some tips that will help prevent your company from failing. If you are ready to learn, then below are some ways to prevent your business from failing.

Stopping your business from failing begins with you the entrepreneur because the survival of your business rest solely on your shoulders. Get yourself prepared to fail but do all within your power to avoid failure, and you will never fail. Among the primary reasons entrepreneurs fall short is because they fear failure, and that fear of failure prevents them from trying new improvements on their business.

Most people say that the fear of failure is the beginning of hard work; that might be true in the world of employees and academic professionals, but it doesn’t work that way down the street. When you fear failure, you become overcautious as well as over cautiousness is a requisite for failure. I believe the fear of failure is the beginning of failure. Entrepreneurs don’t fear failure; they thrive in the face of failure.

As an entrepreneur, I will advise you prepare to face failure should in case it appears. Planning your mind for failure will help you bounce back quickly to success when you fall. Another way to prevent and prepare malfunction is to keep learning how to build a business. The business world is dynamic so you shouldn’t be static. After all, entrepreneurship is really a process; a journey, not really a destination. Use every free time you have to learn increase and something your knowledge; It will help your business in the long run.

2. Be careful of the decisions you make – Learn The Rule How To Succeed In The Home Business Industry

You are an entrepreneur which makes you the pilot of the business. Therefore, the survival of your business tomorrow is dependent on the decision you make today. So, in case you are in doubt over the effect of a decision you are about to consider, discuss it with experts and sleep over it, don’t make hasty decisions;. Even if it means seeking guidance from external advisers; do it. A piece of advice from a seasoned professional can prevent your company from failing.