Every year 4.000 family-owned companies in Germany (> 2 Mio € Volume) are passed on to the next generation (Source: IFM Bonn). It is not unusual that handover preparations have been started too late so that the ambiguous situation leads them into a discussion with the financing institutions, who are naturally interested in securing the continuation of the business.
The ideal successor is not always found within the family or has completely other personal plans. An accurate planning and realization of the business succession is a complex process and the transferor has normally no experience with the procedure. In this case, professional support ensures a smooth transition and consequently the achieving of personal goals.
The objectives sought can vary a lot due to the regulation of the succession. Several goals could be achieved in combination with the succession. Maximizing the profit could be a goal as well as securing a life´s work or the jobs for the employees. The joint development of your objectives and interests is the basis for the definition of the future procedure.
ARISTA Consulting would be glad accompanying you planning and realizing your successful succession. You should start to look at succession planning at the earliest possible stage. Feel free to contact us if you plan to pass the company on in the very near future or in the next few years.
Our services for you at a glance:
- Analysis of the personal ideas of the owner
- Derivation of the right succession strategy with the involvement of tax consultants
- Preparation of the succession concept
- Support up to the successful handing-over of the company and beyond that if requested
Are you interested in this topic? Then please contact us by sending an email to corporate.finance(at)arista-consulting.com or simply call our office in Hamburg at +49/40/44140685.
