Corporate Succession
Unprofessional and belated succession planning regularly endangers the existence of many companies and all persons involved. This does not have to happen!
You can deliberately plan a successful succession.
Succession planning is surely among the greatest emotional challenges of a successful entrepreneur. That is exactly why you should leave nothing to chance. To ensure the success of this unique and major project, you have to assess the various options for actions from organisational, taxation-related, legal and economic points of view. This is the only way to ensure the continuity of the entrepreneur's life's work.
In many cases, the takeover of a company cannot be kept in the family. Therefore, external acquisition models loom large. Some of them are
- Selling the company completely or step-by-step to executives of the company (management buy-out)
- Selling shares to external executives (management buy-in)
- Selling the company in entirety
All of these models can be successful only if the company is ready for a successor. Example: In a company previously led by the charismatic founder changes will have to be triggered to enable the successful work of the future management. Only tailor-made solutions can realise this successfully. We will provide you with an individual acquisition concept that will be your personal succession plan. Following this approach, we have accompanied many companies on their way to a promising future.
Our services:
- Analysing the current status and future development prospects of the company
- Creating a foundation for the private finance and asset planning of the former owner for the time after the hand-over of the company to a successor
- Creating a requirements profile of the corporate successor
- Setting-up a personal development and education program (personal, social, professional, and entrepreneurial skills) for the successor
- Creating a program for the successor to enable a systematic start in the company in the interplay between the former owner, the successor and the existing executives
- Creating clear organisational structures and processes so that a family-member successor or an external successor can find their way into the company
