Monday May 15, 2023

Rachel Collar – How employee culture helps successful acquisitions

When buying a business through acquisition knowing the people involved is crucial to its success. That’s where HR comes in. Knowing what you are inheriting from a legal and cultural perspective is something anyone buying a business needs to understand.

Rachel Collar is the Founder of Haus of HR, an HR consulting and executive coaching business. After a life-changing event during the COVID-19 pandemic, Rachel decided to use her extensive corporate experience to help SMEs and Start-up businesses grow and thrive through their people. In this episode you’ll hear Rachel cover the most important HR considerations for acquisitions, the importance of understanding your people’s skills and comparing experiences with corporates and SMEs.

“There are some real challenges that businesses face at the moment, which is why HR is so key” – Rachel Collar

Timestamps

3:51 - Why is HR so important in business?

6:28 - Common HR misconceptions

12:59 - 3 key HR questions to ask when buying a business

15:26 - Julie's experience in her acquisition

20:53 - The importance of understanding your people's skills sets

23:14 - Rachel's experience with female led businesses

28:58 - Differences in discrimination: corporate and business

Connect with Rachel Collar

LinkedIn - https://www.linkedin.com/in/rachelcollar/

Haus of HR - https://hausofhr.com/