Established in 2001, BTA Structural Design is renowned for creating elegant, robust, and durable structures, mainly in houses, but they are also involved with conservation and repair of historic buildings. With a strong commitment to good design and sustainability, the company skilfully employs both traditional and modern materials in their designs.
When the business owner began planning for succession, he faced uncertainty about how to withdraw from the company and ultimately retire. This is when he decided to engage CMC to help address these challenges.
Initially, the focus was on three long-standing team members forming a management team to buy out the owner. However, an unforeseen obstacle stood in the way of this happening. The owner then attempted to recruit a successor but felt uneasy about bringing in an outsider without first giving his team the chance to take over.
Ultimately, it was suggested that the business should be positioned for potential buyers, which led to an unexpected opportunity.
Watch the video to learn more about BTA Structural Design Ltd and their transformative journey to succession planning.
One thing Rupert said was that even though I wasn’t looking to sell the business, I needed to be ready if somebody came along and wanted to buy it. And that turned out to be incredibly good advice because a couple of offers came along out of the blue.
All the way through, I felt that it was being handled in a calm, measured way and he took us all the way through the process to a very successful outcome. I felt supported all the way through.
I would recommend CMC to anyone who has their own business, is having issues with it or its not being profitable. I particularly recommend them to anybody who wants to find a way of pulling back from it.
James Birdwood, Business Owner
Contact us today via the form below and arrange a free confidential meeting. You may also find this article useful ‘Ten Tips for Successful Succession Planning‘.
Business: BTA Structural Design Ltd – A firm of consulting structural engineers specialising in designing building structures. Established in 2001, BTA Structural Design is renowned for creating elegant, robust, and durable structures, mainly in houses, but they are also involved with conservation and repair of historic buildings. With a strong commitment to good design and […]
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