Seizing the opportunity of change How to successfully hand over the company to the successor
Many business leaders – especially in SMEs – are reluctant to deal with the issue of their own succession. As a rule, it is the uncertainties of their personal future, the fear of the unknown handover process and the unwillingness to hand over that seem insurmountable. In practice, it has been shown time and again that one key factor contributes to mastering this challenging task: long-term planning of the “company handover” project. However, it is a fallacy to believe that this ends with the signing of the purchase agreement and the successful completion of the transaction. Whether the handover is ultimately successful depends crucially on the practical handover of the company to the successor.
