Preparing for buying or selling
Since the best time to sell a business is when
it is financially sound and well established, The C&H Group works
with owners to improve operating results in the near term while developing
a long-term exit strategy. Consulting services include:
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Strategic planning |
| • |
Improving operating
practices |
| • |
Cost reduction
initiatives |
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Cash flow management |
| • |
Balance sheet management |
| • |
Organizational process
improvement |
| • |
Sales and marketing
planning |
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Succession planning |
Retiring Owners – Ownership Changes
Require Succession Planning
An appropriate transition plan will increase the strength of a company
in a competitive marketplace and increase its chances of survival.
The facts support the need for a carefully developed transition plan:
| • |
An estimated
95% of American businesses are family-owned. |
| • |
Of these family-owned
businesses, only about 30% survive the second generation and
only 10% survive the third generation. |
| • |
Of these family-owned
businesses just 28% have developed a succession plan. |
| • |
Between 40% and 60%
of owners of family businesses prefer to keep the business in
the family. |
| • |
An estimated 39% will
experience a leadership change due to retirement in the next
five years. |
| • |
About one-third of
owners do not know what is the best long-term objective for
their business. |
Sources: Oregon State
University, Mass Mutual, Family Business Magazine
Our team has specialized knowledge, skills and background gained by
more than 20 years of experience in midsized business consulting,
new business and new product launches, improved operating practices
and cost reduction initiatives, consumer products branding and marketing,
financial planning and analysis, and cash flow management. The C&H
Group delivers proprietary, strategic business consulting to help
owners develop an appropriate succession plan and improve the company's
market positioning for eventual sale, if that is the preferred exit
strategy by the client.
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