A Current survey by KfW Research of more than 10,000 SMEs showed that only 44% of the owners still consider continuing within the family. 50% can imagine selling to external interested parties. Or, alternatively, in 34 % of the cases they are thinking about selling to employees. Thus, succession within the family is becoming less and less important.
According to the findings of the Mittelstand Panel, hot off the press of the state promotional bank KfW, SMEs in Germany are increasingly losing are increasingly shying away from selling their company to external buyers.
Basics webinar presented by Nils Koerber
Company sale (M&A) without risk and loss of value
According to the panel, 152,000 owners of small and medium-sized enterprises currently intend to hand over the business to a successor within the next two years.
The demographic development
A look at the demographic development shows that the topic is becoming increasingly important. Already, more than 1.5 million owners of medium-sized companies are 55 years and older (44 percent). At the same time, the share of company owners under 40 years of age has halved since 2002 from 28 to currently 14 percent.
Specialists for family-internal company succession
Good that we have KERN - Company succession. More successful. gives. We are specialists in supporting all variants of company succession, whether within the family, transfer to employees or sale to a third party. We know the sensible procedure and ensure that the continuation of the company is regulated and secured at the end of our advice and support. This result also allows the transferor to let go and enjoy the freedom they did not have during the active entrepreneurial phase.
We make company successions more successful!
Click here for the current survey by KfW Research.
Image: Fotolia.de
TIPS for further reading:
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5 important trends in business succession in 2019
