Corporate development strategy is what companies use to grow market share, create wealth for shareholders and stakeholders, and remain competitive. There are many types of corporate development strategies as well as some necessary tools to achieve those goals.
There are different ways to grow a company — organically or inorganically. Both have their benefits and downsides. Knowing what the differences are — and when to use them — is key when growing a company.
In the world of business and high finance, there are always all sorts of acronyms floating about, including SPAC and IPO. Knowing what these terms mean, as well as how they fit into your company’s business, is important knowledge to have. Typically used when bringing a private company public, knowing which to use in your…
Even with the pandemic initially bringing so much uncertainty and seeming to halt certain sectors of the economy, such as hospitality, transportation and commercial real estate, merger and acquisition activity rebounded by the end of 2020 and is on track for an even more robust 2021. Despite a slowdown in dealmaking in the second…
Interoperability in healthcare refers to how different software and data storage systems, including the customer relationship management systems, content management systems, and even billing systems work together in a compatible and secure way. Interoperability in healthcare systems not only help ensure HIPAA compliance for medical providers and their business associates, but can also lead to…
With telehealth on the rise due to the pandemic, HIPAA-compliant file sharing and HIPAA-compliant cloud storage have never been more important. The CDC stated that 95 percent of health centers reported using telehealth during the COVID-19 pandemic, up from 43 percent in 2019. But it’s not just organizations that deploy telehealth services that require…
If necessity is the mother of invention, there’s probably a software solution that’s already been invented to handle that necessity. Indeed, people often look to technology to handle life’s little confusions. Whether it’s a consumer wondering how to resize a photo or a business person trying to figure out how to convert a Word…
A statutory financial statement is a kind of statutory report required by every publicly held company. These statutory reports must be shared with stockholders and also filed with the Securities and Exchange Commission. But even if your company is not publicly held, it’s a smart idea to keep these important financial statements up to date…
There are two things information security consultants are all-too-familiar with seeing: The look of despair on a client’s face just after they’ve suffered a network security breach. How that same client appears when their security gaps are remediated, and they discover new ways for secure document sharing. Just like with any technology, security…
A prepackaged Chapter 11 bankruptcy, also known as a “pre-pack,” was developed for companies seeking a simplified yet complete restructuring from bankruptcy. The pre-pack offers a quick exit from bankruptcy in anywhere from three to 12 months. As with any Chapter 11 proceeding, the debtor must work closely with creditors to negotiate and reach…