The management of generational transfer is crucial and must be planned in good time to allow family businesses to compete and grow successfully. This applies in the presence of children eager and able to take up the baton, when the founders intend to ensure the continuity of the company even in the absence of heirs and when there are second and third generation family members in the company.
The entry of the new generations, as well as the entry of new shareholders, requires careful consideration of the options and tools available to facilitate integration and accountability. In each case all the legal and tax aspects related to the overhaul of the ownership and the possible use of leverage should be considered carefully, because increasingly the time of the transition to the next generation coincides with the redefinition of corporate strategy.
The process for managing the transition to the next generation must be planned and structured in a proactive manner. We help companies manage the transition to the next generation of entrepreneurs: