Seizing the opportunity of change How to successfully hand over the company to the successor

Many business leaders – especially in SMEs – are reluctant to deal with the issue of their own succession. As a rule, it is the uncertainties of their personal future, the fear of the unknown handover process and the unwillingness to hand over that seem insurmountable. In practice, it has been shown time and again that one key factor contributes to mastering this challenging task: long-term planning of the “company handover” project. However, it is a fallacy to believe that this ends with the signing of the purchase agreement and the successful completion of the transaction. Whether the handover is ultimately successful depends crucially on the practical handover of the company to the successor.

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omegaconsulting regional Managing Director Helmut Hajek gave a lecture on optimal planning for company succession

In line with the motto “Preparation through early planning”, more than 70 entrepreneurs accepted the invitation of the Nuremberg Chamber of Industry and Commerce for Middle Franconia in cooperation with the Erlangen-Höchstadt District Office of Economic Development to the first lecture in the seminar series “Unternehmensnachfolge aktuell” on September 22.

During the event, Mr. Hajek provided a good insight into typical potential conflicts and possible solutions for company succession. He also explained the important interaction between the transferor, the business family and the business throughout the entire process. The participants were given a very good overview of important questions that need to be answered at an early stage as well as the optimal timing of the succession plan.

Managing Director Jean-Claude Baumer also attended the event to answer the numerous questions from those present. Following the event, Jean-Claude Baumer reported: “The lively interest in this event once again shows the great explosiveness of the topic of “company succession”. In our view, one of the most important success factors here is to provide those affected with practical advice at an early stage.”

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Current activities of our partners – Customized personnel solutions in logistics

Find your job or your candidate – not just any job, but yours. The one that suits you pretty much exactly.” That’s what BirdieMatch is committed to. A perfect fit is not just an empty phrase here. We are confident that our recruitment experience in the transport and logistics industry, together with the matching algorithms developed specifically for our portal, will make it easier than ever to find your dream job or dream candidate. Of course, there are numerous job markets and job portals on the Internet where you can search for logistics jobs. But we speak the language of the industry and have packed our specialist knowledge into our job criteria and our self-developed software. This is what makes BirdieMatch special.

>> Link to BirdieMatch

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Innovation in the company

The blind spot is a completely natural thing. To overcome it, you need the other eye. The same applies to companies. In day-to-day business, entrepreneurs quickly lose sight of the company’s overall development at the expense of their ability to innovate. Dr. Ernst Pechtl, designer of new thought structures, brings “the other eye” and an eye for the essentials. Successful decision-makers who are keen to innovate appreciate his visualization of further perspectives and the associated implementation

>> Dr. Pechtl cover story as PDF download
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Support during change processes

Our partner Gudrun Jay-Bößl from Hanover has been a certified “Systemic Structural Constellator according to SyST®” since June 2016. She has successfully completed a three-year training course in business, organizational and team constellations. “Anyone dealing with companies should know the systemic rules – especially in change processes such as succession, purchase and sale. This increases the success factor and reduces decision-making uncertainty. The client can see immediately whether their successor really fits in with the company – and vice versa,” says Gudrun Jay-Bößl, summing up the advantages of systemic structural constellations. The systemic method has now arrived everywhere in business. It produces results within a few hours.

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Seal of quality for practical succession advice

Seal of quality for practical succession advice 3

Additional quality modules for consulting practice. Under this motto, the management consultancy omegaconsulting invited its network of consultants to the INQA qualification seminar “Consultant Offensive Mittelstand” at the Schlosshotel in Kassel-Wilhelmshöhe on April 15, 2016. The invitation was accepted by 15 partners from all regions of Germany. As part of the one-day workshop, Claus Heitzer, a qualified Offensive Mittelstand lecturer, explained the methodology and instruments of this SME-oriented consulting concept. In an active discussion with the participants, areas of application in daily consulting activities and the resulting advantages were developed.

In particular, the INQA company check “Good SMEs” offers the possibility of a qualitative company analysis for all important areas. In a systematic and practice-oriented manner, the consultant works together with the entrepreneur to gain a comprehensive overview of the company’s potential and identifies possible areas for action. As members of the “Offensive Mittelstand” specialist group for company succession, omegaconsulting partners use this consulting approach in particular in the context of succession consulting. Through supporting measures in corporate development and innovation, they help entrepreneurs to prepare for and complete a successful business succession.

“The promotion of uniform quality standards in consulting is indispensable, especially in a decentralized organization. With our involvement in the “Offensive Mittelstand”, we want to set another important example of our quality standards,” emphasizes Jean-Claude Baumer, Managing Director at omegaconsulting. “As qualified consultants and lecturers of the Offensive Mittelstand, we also offer our clients an expansion of our consulting portfolio.”

Further information:
>> www.www.inqa.de

>> www.offensive-mittelstand.de

ittelstand.de>> Press release PDF-Download

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Turning fear of the future into courage to act: How the human factor affects and is taken into account in company succession.

When is the right time to hand over my company? How do I find the right successor? How do I protect myself and the company financially? What will happen to me and my family when I am no longer an entrepreneur? Many companies are blocked because the boss is put off by these questions and therefore prefers not to deal with them. The very personal fears of men and women at the top of companies often disappear behind key figures and balance sheets – or are hidden behind them. It’s good to have a confidant who can help you overcome your fears and make decisions. Here are three examples of how people become a success factor in company succession.

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On the road for a good cause!

On the road for a good cause! 5

 

What began in 2007 as a walking tour has now blossomed into the regionally significant charity event Landshut läuft. On 24 April, over 2000 participants came together for the event organized by the LIONS CLUB Landshut-Wittelsbach – including a dedicated omegaconsulting team. omegaconsulting Managing Director and Lions member Uwe Kehlenbeck spared no time and effort to put together the perfectly organized run together with the LIONS CLUB team. Together with their son Jonathan, Jean-Claude Baumer and omegaconsulting partner Gerlinde Baumer conquered the 5 km course despite the cold and wet. The team crossed the finish line overjoyed and proud. “The great atmosphere and a highly motivated field of runners made the event a complete success – and all for a good cause!” summarized Jean-Claude Baumer over a well-deserved power snack. The proceeds of the event, which are made up of the entry fees, sponsorship money and the sale of food and drinks, will be used for children and youth projects in the Landshut region.

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A look into practice: Successful continuation of an online store thanks to professional preparation and support

When the seller contacted omegaconsulting, Uwe Kehlenbeck, omegaconsulting’s managing director for many years, felt like he had been transported back to his youth. He was therefore only too happy to tackle the topic of “DJ technology” in connection with the future development of a successful online store.
The foundation stone of the company was laid back in 1998 by the retail company “77sunsetstrip Recordstore” in Straubing. The first online store was launched in 2000, which led to an expansion of the product range. Today, the focus is on technical DJ equipment. The product range comprises well over 3,000 items. Private reasons prompted the owner to consider selling the company. He commissioned the succession experts from omegaconsulting in Landshut to prepare and support the project. Looking back, Uwe Kehlenbeck summarizes: “The professional and discreet identification and approach of interested parties in this very special environment represented the particular challenge of this project.”

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Successfully supporting company succession

Numerous interested participants accepted the invitation to the joint roundtable event organized by omegaconsulting GmbH and the tax consultancy and auditing firm Gräwe & Partner on 16 March 2016 in the Havanna Lounge in Bremen.
Planning and implementing company succession is generally a unique, highly personal and often emotional topic for an entrepreneur, which also needs to be reconciled with business, legal and tax conditions.

Moderated by Dirk Heuer, Managing Director of Gräwe & Partner Wirtschaftsprüfer- und Steuerberatergesellschaft, the event offered participants the opportunity to familiarize themselves with some basic considerations on the topic and learn about possible solutions. The panel listened with great interest to the expert presentation by Prof. Dr. Detlev Schrade, Partner at Gräwe & Partner, on the topic of company succession and taxes.

Holger Kopietz, an experienced partner at omegaconsulting GmbH and an expert in finance and controlling, also gave those present a clear insight into the succession process. Using a clear structure and the possibilities of professional and personal support from a consultant, he succeeded in making the topic more accessible to those present. Following the short presentations, the participants took the opportunity for an interesting exchange of opinions and experiences.
“The event once again made it clear that early information, an active exchange of experiences and professional support significantly reduce the reluctance to deal with the topic of company succession.” Holger Kopietz concluded after the event.

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omegaconsulting GmbH
Pulverturmstr. 5
84028 Landshut

Management: Jean-Claude Baumer, Gerlinde Baumer

info@omegaconsulting.de

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