Business Succession
Business succession occurs when the business is continued after you as an entrepreneur quit and ensure continuity of the business. The question is often: who takes over the business?
Business Succession
There are several parties you may have to deal with. These include individuals, employees, shareholders, competitors, investors and family members. There is more to transferring a business than meets the eye. For example, under certain conditions you can make use of the business succession facility.
Family business succession
Within entrepreneurial families there is often the idea of transferring the business to the new generation. Starting to prepare for this business succession on time ensures a prosperous continuation. The business succession of the family business requires important choices to be made. It turns out that two out of three family businesses, fail to successfully complete the business transfer.
A business succession is something you will often only experience once in your lifetime. Business succession involves rational, as well as emotional, thoughts and choices. Marks Wachters notaries can help you manage the business transfer. We offer advice, a listening ear and look at the possible choices together with you. From the first day to the last, we offer support so that you can concentrate on the things that matter most. If you want the business succession to be successful, it is important to discuss this in time with all stakeholders.
Why does a business succession often go wrong?
Business succession is not nearly as easy as you might think. European Commission research shows that of all bankruptcies of European companies, at least 10% of them are caused by poor or totally absent business succession planning. For many companies, business succession is the most critical phase for business continuity. Have you already thought about the business succession of your company? Is there already a plan in place? Or do you not know where to start? We would be happy to help you further.
Transfer of a real estate/real estate business
It is possible under circumstances to transfer a real estate/real estate business under the exemption of the business succession facility.
Why choose Marks Wachters notaries?
- Personal
We combine high-quality service with personal attention. - For over 75 years
A household name in Greater Eindhoven and Nuenen since 1949. - Clear
We communicate in understandable language and avoid unnecessarily difficult language.
We are also happy to help you with:
Personal and non-committal
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