Ron & Ronda Bachman Hand Off Permaletter

How do you marry two businesses?

The process of passing a business from one generation to the next is a perplexing one. The experts say it takes planning. But what if the plans don’t work out? It’s almost like not having a plan at all. But, there’s this thing called serendipity and if you are lucky maybe it will kick in. That’s what happened for the Bachmans in selling their business – Permaletter Sign Company.

For a number of years the Bachmans thought they had a plan. An employee was interested in buying the business, eventually, and they all engaged in a process of training and mentoring for when the day came. But, then he came to the Bachmans to say, that one thing he had learned was that he was not cut out to be a business owner.

They were back to square one, and time was ticking away.

It’s true, many people are not cut out to be business owners, that’s why those who are, are such a value to the community.