5 Hot Tips for Subsidiary Management
The subsidiary stuff is an administrative hassle, but it’s important. For example, it could delay an acquisition if one of your entities isn’t in good standing.
Here are 5 tips when it comes to subsidiary management:
- Don’t allow new subsidiaries to be formed without your approval
- Follow your “How & Why” guide
- Dissolve unnecessary subsidiaries
- Analyze whether you need an outside provider
- When you acquire, fix target’s subsidiary situation right away
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