Providing An Alternative Path To Business Continuity For Retiring Owners of Manufacturing Companies.
The Manufacturing Collective is a select group of manufacturers that cross-train staff, share resources, and provide business management services to retiring owners who don't wish to sell or close their businesses. B2B marketing experts, business process automation engineers, and succession or exit planning advisors. We help small and medium-sized manufacturing companies stay on top of advancements in marketing and operations to help navigate the evolving digital landscape and transform into digital-first enterprises. We also help established companies write their next chapters.
These are some of the most common questions we get asked.
The Manufacturing Collective is a manufacturing management company that assumes the management of privately owned manufacturing companies from retiring owners while pooling resources among its companies to standardize its members' operational, marketing, and financial processes.
The Manufacturing Collective was formed out of a need for an alternative to the traditional model of business exit or succession planning, which often relies on the sale of the company through a business broker. Those sales usually cost tens of thousands of dollars in fees for small companies and take years to prepare. Moreover, the data shows that around 70% of for-sale privately owned companies never find a buyer. The collective provides a more flexible and customized approach tailored to each member company's needs but consists of installing new managers and handling three essential functions 1. Professional Management 2. Digital Transformation 3. Robust Standard Operational Procedures Documentation. These three areas are what we have found to be the most important for a company's financial success and continuity.
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