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Ask John Dame: Boundaries and expectations must be clear during acquisitions

Q: Our company made a major acquisition a year ago. The owner of the company we purchased stayed as president of his company. Additionally, he decided not to sell 100 percent of his company, and now has some ownership in the larger combined company and serves as a board member. He reports to me directly. The problem is that, over a year later, he is putting up roadblocks and fighting the integration process we agreed upon at the time of the purchase of his company. This is a big problem and is getting more costly by the minute. What can I do?

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How to know when it’s time to MOVE

Home or business, it’s always about location. From attracting and retaining employees, to product transportation and distribution companies looking to move, businesses should keep key factors in mind before buying or leasing a new property. “Know your neighborhood. Know your merchant neighbors for retailers, restaurants or shopping, and know where your employees will be coming ...

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