Businesses that have a strategic plan in place are more inclined to add value and align personal, business, and financial goals to focus on what they want to see happen in the future. There are crucial changes that a business owner needs to make to improve their company’s cash flow and value over time. Plan for your future with discounted services from MMA partner, Prometis Partners, for business succession services.
Prometis Partners specializes in helping business owners build value in their company and prepare a proper succession plan. MMA members can save 10% on the following services:
Call Prometis Partners at 616-622-3070 to start planning for you and your business’ future today.
As family business succession planning consultants and advisors, Prometis Partners’ goal is to help owners of small and mid-sized businesses realize greater value when they decide to sell their companies. See prometispartners.com to learn more.
Prometis Partners is a long-time supporter of MMA, our members and the manufacturing industry and have provided resources to help your business prepare for the future.
Webinar: Succession in a Family-Owned Business
Transitioning a family-owned business from one generation to the next is a delicate balancing act. Hear from manufacturing leaders who have pulled off successful transitions in this on-demand webinar hosted by MMA and Prometis Partners and learn how they created a sustained competitive advantage, boosted customer satisfaction and maintained family ties.
Planning for Family-Owned Business Succession
Family-owned manufacturing leaders share their advice for what to do — and what not to do — to ensure a transition free from internal strife. Read how family-owned companies Cascade Engineering, Fullerton Tool, Koeze, PTM Corporation and Stormy Kromer passed the baton in the latest issue of MiMfg Magazine.
Five Key Steps to a Successful Transition
A successful transition increases revenue, cuts costs and boosts customer satisfaction. It also frees up critical resources. Prometis’ Vincent Mastrovito provides five tips which are key to pulling off a successful transition in this MiMfg Magazine May 2020 article.