Succession

Is your business ready to be handed over?

"I'll do this for another five years, then we'll see." The question isn't whether you hand over. The question is whether anyone can take over your business.

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Indispensable means unsellable

Today

  • Quotes are priced "from experience" – hourly rates and mark-ups exist nowhere on paper.
  • Customer contact runs through the owner's phone.
  • Production planning is a person, not a process.
  • There is no second tier of leadership.

Ready to hand over

  • Costing is in a system, traceable for any successor.
  • Customers also know the foreman, not just the boss.
  • Production planning runs as a documented process.
  • A deputy covers holidays, illness and handover.
Five routes
01

Family

The nicest route, when willingness and ability come together: would you hire them if they weren't your son or daughter?

02

MBO

Your own foreman or plant manager knows customers, machines, people – and can almost always lead, but rarely finance.

03

MBI

An outsider buys in and leads themselves. Needs a business ready to be handed over, or they stand alone after six months.

04

Sale

To a competitor or strategic buyer – usually the highest price, rarely the least friction.

05

Staged

First a stake, then a full takeover. Slower, but the route with the least risk of failure for both sides.

The three questions of the buyer
01

What happens if you're away for three months?

If the answer is "me" three times over, the buyer is purchasing a job, not a business.

02

Who are your three biggest customers?

Framework agreements, terms, notice periods – and: does the customer know anyone at the business besides you?

03

Show the post-costing of an order from last month.

Whoever doesn't have it doesn't know which orders actually make money.

Product

Nachfolge-Check

Fixed price

two days on site, plus a free initial call

  • Seven areas, traffic-light rating, valuation range
  • Recommendation on the right succession route
  • Written roadmap through to handover
To the Nachfolge-Check
Also with Invictix stepping in

Where no successor is in sight, Invictix can step in: as a stake or acquisition, often via a getting-to-know-you phase. The business stays, the team stays, the name stays.

To acquisitions
Contact

Initial call: 45 minutes, remote, free of charge.

Write to me if armour steel, succession or consulting is your topic.

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Address

Krähnockenstraße 35, 58091 Hagen, Germany