Size matters … acquire … and even small partnerships can make a difference

Before Kmart went bankrupt, Sears had agreed to be acquired by that company, its former one-step-down competitor. Now the tide has reversed, and Wal-Mart will have a new challenger in the form of combined Kmart/Sears stores, this time with Sears the parent company. Speculation goes every which way as to whether the challenger has a chance…

“If you can’t grow organically, grow by acquisition.” This seems to be conventional wisdom in many business circles. In fact, in Cleveland, Ohio today the Harvard Business School Club is joining up with a regional organization called JumpStart to put on a meeting in which the idea of buying another company will be presented as an intelligent part of entrepreneurialism. I’m looking forward to seeing what they have to say.

Meanwhile a local supporter of entrepreneurs, the Cleveland entrepreneurial brewer Great Lakes Brewing Company, is dedicating an environment-friendly Sun-Trap(TM) greenhouse next month. A proud supporter of eco-friendly policies in their own manufacturing processes, the Brewery has partnered with another entrepreneur to help transform the nearby gardening center with the new equipment. Well worth checking out.

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