The successor must be addressed openly. The entrepreneur should understand that the sale process may take quite up to a year to complete. “” “Cologne, 19 October 200 9 – 75 years old, still at the top of the company and no successor yet found.” 5 years go yet! “no one knows the company as well as I.” These and similar statements sometimes lead that even economically well detailed medium-sized companies must be resolved, because simply the entrepreneur is sticking to his company too long, say the succession was not initiated or serious mistakes in implementing ultimately spell the end. In Germany alone, each year approximately 75,000 companies are facing a succession on grounds of age, which is usually more or less well implemented. For all those involved in such a project, which is a longer route that must be addressed in a timely manner. So the company can be passed smoothly and the company not been depreciating, it needs Implementing a systematic and careful preparation, so Ingo Kunz, shareholder and company spokesman of the SWOT business prospects GmbH. For the entrepreneur who gives his life’s work, the corporate succession often means a deep cut.
In addition to dealing with the emotional side, also the contractual relationships (corporate, leasing, debt contracts, etc.) must be re-negotiated. Conclusion: The successor must be addressed openly. The entrepreneur should understand that the sale process may take quite up to a year to complete. Another obstacle is the reluctance at the involvement of neutral and external consultants. Often, only the known accountant or lawyer will be consulted, where they can edit only a part of the process itself. “Specialized M & A-consultants and experts can here the entrepreneur effectively under the arms” access and make a significant contribution to the success. FEELING GOOD IS THE BASIS FOR A SUCCESSFUL COOPERATION! Contact: SWOT business prospects GmbH on the fire 10 50996 Cologne (Rodenkirchen) 0221-453-774 88 tel fax 0221-453-774-99 Ingo Kunz (PR) the SWOT business prospects GmbH, headquartered in Cologne, Germany, is the specialist in the areas of corporate sales, acquisitions, investments and the area fit 4sale.
The company provides small and medium-sized companies to suitable buyers. The clients are mostly entrepreneurs who want to sell their companies or offer investments as well as prospective purchasers, specifically looking for businesses or investments. The advantages for the entrepreneur at a glance: A contact and project manager during the entire sales process. Many years of experience and qualified staff on corporate transactions of small and medium-sized enterprises. All necessary for the sales process services professionally from a single source. The acceptance of the mandate through SWOT for entrepreneurs is the prospect for a successful transaction. Buyers and investors will receive comprehensive support in the selection, financing and handling appropriate acquisition projects.