Category: Succession Planning

Everything is succession – from the foundation of your company to the handover to the next generation!

As an entrepreneur, managing director and shareholder, you deal with the topic of succession planning. This topic is an essential part of managing a company. And it is certainly one of the most difficult tasks for you, your company and your family.

We don’t like to paint the devil on the wall. Rather, we think that part of risk management is to ensure the ability of an owner or a partner to act even if the person is unable to act himself at the moment. Illness and accidents are just two examples. The roles that an entrepreneur has as owner, managing director or partner must also be fulfilled in this situation – but by whom and on what basis? This is where the entrepreneurial power of attorney helps.

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It is not about horror stories, of which we know many. It is solely about how you prepare your business for future developments and for the unpredictability of life. Succession is not only the planned end of your entrepreneurial activity, but also the abrupt, hopefully temporary loss of an entrepreneur. From the responsibility towards the ecosystem of your business follows the preparation for the worst-case scenario – even if it will hopefully never occur.

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