A generational change can also be combined with financing
Every generational change in a family business also requires a detailed economic and financial consideration in the overall process. After all, there are aspects of inheritance law, tax advantages and disadvantages, or the issue of “justice” in a family system with several successors or affected persons.
Giving or inheriting is not the only solution
It is possible that the family business is the largest and most important value component for the retirement provision of the transferor. Or several siblings are to be provided for under inheritance law and the transferee and the business are not to be exposed to existentially threatening situations later on. Disputes are to be avoided and at the same time the transferor wants reliable security for his new phase of life.
Family businesses do not only operate in the sunshine financially, but are also exposed to storms and tempests. Profits and returns are never certain and a pension model for the transferor may involve dangerous emotional entanglements in the event of financial bottlenecks in the company. What then are the alternatives? The sale of a business within a family, in terms of equity, the division of other assets and the security needs of the transferor, can be a correct and important alternative.
Subsidies help all those affected by the generational transition
We help you get financing on your feet. With the best current terms and conditions. Often supported by special programmes in the respective federal states. Due to our independence and neutrality, we have direct access to all renowned financial service providers in Germany, Austria and Switzerland. In the classical sense, these can be banks or savings banks. But also family offices, financial investors or individuals are potential contacts for a resilient financing of a generational change. Do not underestimate the time required and the extensive preparatory work for the presentation to suitable financing partners.