Some data:

• Only 33% of firms overcome generation succession
• 53% of entrepreneurs are over 60
• 67% of businesses suffer during the transition

Factors to consider in preparation for the transition - (Check up)

• Economics
• Organization
• Legal
• Civil law and Tax
• Psychology

 

• Increase awareness of the dynamics at play
   
• How to choose the heir: criteria and methods
   
• Define responsibilities of the senior: strategies and proxies
   
• Prevent disputes and conflict between "business" and "family"
   
• Dealing with fear: loss of personal and social identity, death
   
• From crisis to solutions:the "family constitution" fiduciary mandates, introduction of new managers, corporate governance and set alignment of interests