In the current time, many entrepreneurs are facing increasing challenges. Small and medium-sized companies in particular have to adapt to a global market and compete for customers with international and national competitors. In addition, the internal challenges for entrepreneurs who have to master the art of targeted corporate management are also increasing. As a management consultancy for medium-sized companies, we offer entrepreneurs the opportunity to structure the diverse corporate divisions effectively and to raise the art of corporate management to a new level.
Why corporate management is becoming more and more challenging
As a management consultancy for medium-sized companies, we have already worked with many different companies in a wide variety of industries. It is particularly noticeable that in most companies the art of corporate management is hardly used efficiently. Because an entrepreneur not only has to direct and lead the various areas of the company, but also optimize their coordination and cooperation so that the efficiency and thus also the profitability of the company can be increased. This becomes particularly challenging when an entrepreneur himself has no business management experience and thus cannot combine and harmonize the various areas such as human resources, financial resources, inventory management and also the supplier and customer relationships. Especially in medium-sized companies, where most entrepreneurs have no business background, it is difficult to make the right economic decisions, taking into account all areas of the company. So let’s look at the different areas of the company and the challenges associated with them. As an experienced management consultancy for medium-sized companies, we would of course like to share our knowledge and experience with you.
The human resources in the company
One of the greatest challenges for entrepreneurs is the current personnel situation. Not only the shortage of skilled workers, but also the associated smaller selection of suitable applicants causes problems for many companies in most industries. In addition, the existing employees must be retained and further qualified as far as possible in order to be able to bridge the resulting gaps in the workforce. As a management consultancy for medium-sized companies, we help entrepreneurs to improve their own structure and process organization, to structure and improve the loyalty and, above all, the qualification of their own employees, and thus to increase employee efficiency. In addition, the topics of automation and digitization offermany possibilities to make your own company more efficient and also to deploy personnel in a more targeted manner. A challenge that many entrepreneurs do not feel up to alone. With our management consultancy for medium-sized companies at your side, these topics can be mastered efficiently and above all in a structured manner.
The finances and corporate finance
Low interest rates and the high hurdles in lending due to Basel III make it extremely difficult for companies to generate new money and to secure the company’s financing even in difficult times. Many medium-sized entrepreneurs fail mainly because of the lack of knowledge of the various financial topics. How do ratings work ? According to what criteriado banks give loans? What alternative financing models and financing options are there? Above all, financing that is too one-sided and incorrectly structured can get a company into trouble. As a management consultancy for medium-sized companies, we use a clear balance sheet analysis to determine the company’s current financing structure and help you to visualize the potential for shortening the balance sheet. On the basis of this preliminary work, an effective and, above all, flexible financing and liquidation planning can take place, which gives the company the necessary financial leeway.
The merchandise management in the interaction of the liquidity structures
The merchandise management of a company not only plays an important role in its financial and liquidity planning, but also has an enormous impact on the profitability of the company itself. Because in many industries, even small optimizations in the merchandise management can have enormous effects on profitability and thus attractiveness of the company. For this reason, as a management consultancy for medium-sized companies, we always take a look at the current situation in merchandise management. In material-intensive industries in particular, optimizing logistics, adapting the size of the warehouse and shortening storage and throughput times can offer enormous cost savings and thus, among other things, lower manufacturing costs and increase earnings. The areas of purchasing and controlling play a major role in this area and must be involved in the strategic planning. Due to the increasing interlocking of supply and customer relationships, suppliers are becoming strategic partners for many entrepreneurs who play an increasingly important role in their own value chain. The right interaction between purchasing, management, production management and cost accounting are the most important cornerstones when evaluating this relationship and, as a management consultancy for medium-sized companies, is always the focus of attention. which are playing an increasingly important role in their own value chain. The right interaction between purchasing, management, production management and cost accounting are the most important cornerstones when evaluating this relationship and, as a management consultancy for medium-sized companies, is always the focus of attention. which are playing an increasingly important role in their own value chain. The right interaction between purchasing, management, production management and cost accounting are the most important cornerstones when evaluating this relationship and, as a management consultancy for medium-sized companies, is always the focus of attention.
Marketing – the challenge of change
The digitizationand the possibilities of the internet have turned marketing in many industries upside down. The market and price transparency of today presents many medium-sized companies with completely new challenges. Internationalization and the associated opportunities often make geographical boundaries for your own products and services obsolete. This of course increases the challenge for sales, marketing, but also for communication and a company’s pricing policy. Especially medium-sized companies often have problems to carry out the necessary changes and modernizations on their own in order to adapt their own company to the changed challenges. As a management consultancy for medium-sized companies, we have often observed this phenomenon and found our own ways to make the relevance of these changes clear to the entrepreneur. Because as a management consultancy for medium-sized companies, it is our goal to advise a company optimally and to prepare it as best as possible for the challenges of the future.
The regulation of corporate succession
The question of corporate succession is often a sensitive issue, especially in medium-sized businesses. This topic is often pushed back so far that it is becoming more and more difficult for entrepreneurs to make the jump in time and to hand over their own company into capable hands. Especially in the small and medium-sized businesses, thousands of companies close every year because the owners were unable to find a suitable successor and retain them with the company. Because here, too, the declining population trend plays an important role.
There are basically two options for entrepreneurs, which we, as a management consultancy for medium-sized companies, regularly address in our work. On the one hand, a suitable successor can be sought, integrated into the company and built up. Alternatively, the sale of the company can also be considered. However, both variants mean years of preparatory work so that the transition works safely and there are no problems for the company. Because even a company sale only works if the company is attractive enough for the potential buyer. However, the intrinsic value only plays a subordinate role here, which many entrepreneurs assess completely incorrectly. Because buyers of medium-sized companies attach great importance to the profitability of the company, on the broadly diversified supplier and customer structure and on a good organizational structure, which remains effective even without the departing entrepreneur and is independent of him. Our task as management consultancy for medium-sized companies is to advise the entrepreneur in such a way that precisely these factors fit in order to enable the company to be sold efficiently.
Why companies need management consultancy for medium-sized companies
All of the above factors can contribute to a business in distress. Often there are many small adjusting screws that do not fit perfectly and many small gears in the company that do not mesh properly. Neither of these problems are in themselves dangerous. The interplay of these various factors and the fact that these problems continue to grow in today’s world can endanger companies in the long term. As a management consultancy for medium-sized companies, we help entrepreneurs to control the various business contexts in the company more effectively and to optimize the interaction of all factors so that a company runs like clockwork and problems can be identified and resolved at an early stage.
As a management consultancy for medium-sized companies, bvm GmbH has been successfully supporting small and medium-sized companies with business know-how and the necessary instinct for the upcoming changes for over 20 years.