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One of the most important ideas in
business planning is to "begin with the end in mind." Only
when we know where we're headed, can we be certain that all of our
steps are going in the right direction.
That's what succession planning is
all about - helping business owners decide how and when to transfer
management and ownership to others. When the succession plan is in
place, owners know where they are heading. Day-to-day decisions become
easier to make.
Our Competition
It's hard for business owners to get
objective, knowledgeable advice about succession planning. Too often,
the advice they get reflects the vested interests of the advisor. When
they talk to business brokers, they are invariably told that this is
the best time to sell. When they talk to the company's accountant,
lawyer, or banker they are advised to keep the ownership of the
business in the family.
Succession planning has become an
important part of Centering's consulting practice. In the last few
years, we've helped the owners of more than 100 businesses in 17
states decide how and when they will eventually leave their business.
Check Us Out
Witt Plastics, Inc.
Division of Klöckner
Pentaplast of America, Inc.
One of our succession planning clients
was John Witt. He owned two businesses - Witt Plastics in
Greenville, Ohio and Witt Plastics of Florida. Now he is retired
and lives in the Napa Valley. If you’d like to ask John about
Centering’s work, he can be reached at johnwitt34@hotmail.com.
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