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In Time
by Tam

The SME consultation Untersberg from Oberhausen informed about 110,000 age-related acquisitions are expected Germany wide. In northern deer-Westphalia alone there are 24,000 according to one estimate of the Institute for SME research about (Bonn IfM BonnSt06 06a09 August 2010). Corporate succession not postpone Economist Ursula Unterberg Wegener specializes in self-employed management consultant from Oberhausen and on the priorities of business assurance and corporate succession of SME’s. From my own experience, she knows that many business owners shy away from dealing with the issue of succession and push on. Frequently until become serious health problems apparent. However, time pressure and haphazard activism are the worst possible conditions for a successful business ownership. Time management is asking Mrs.

Unterberg Wegener advises medium-sized entrepreneurs to set a very clear objective. When the Executive Board into other hands should be given, is the question first to Purifier. Time management is crucial. The transfer process requires time, so timely start is essential. As a guide, it is recommended to begin at least three years earlier. After determining the successor, who must also learn a training what is time-intensive, more things to clarify.

As location, business valuation, and developing a strategy for offering. Succession strategy is welcomed a must the Bank a clear succession strategy also know Unterberg Wegener. You respond: restless, if the company focuses solely on the current management and no emergency exists. Finally, it is to be expected at any time with a failure of the Managing Director. The lack of an emergency and / or succession plan will be punished with the banks. But with a worse rating and significantly less favourable credit conditions. Customers, suppliers and employees tend to a missing emergency plan to do so, to call into question the future of the company. This can then cause a Lead migration of customers, suppliers and employees. You can prevent this with a professional succession strategy and targeted communication. So the company is solid and trustworthy. Gladly advises Unterberg SME advice on issues to secure the succession. Press contact SME consulting Unterberg contact person: Ursula Unterberg Wegener Klosterhardter str. 25 46119 Oberhausen Tel. + 49 (0) 208 6 25 61 45 mobile + 49 (0) 208 6 25 58 59 E-Mail: Homepage:

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October 29th

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