Good succession planning can be the result of entrepreneurship and hard work. Not only the values can perhaps be passed on but connected with the selling price a further component of the pension can be achieved with it.
This is why we care so much about this topic!
Many companies prepare too late or too little for succession. Starting with the attractiveness of the company, which is crucial for a possible takeover. This is what we call “covering all the bases”.
Up to and including tax considerations, which sometimes require a lead time of more than 5 years in order to arrive at tax-compatible solutions!