Summary for Corporate Succession of small and medium- sized companies

Answering significant questions in connection with an optimal Corporate Succession in the area of small and medium-sized companies has become a particular challenge for success-oriented companies due to internal and external change processes.

Factors that are difficult to calculate, such as the sustained global corona pandemic, global trade conflicts and the permanent implementation of digital transformation processes, make transparent and plausible long-term planning with regard to maintaining and securing the future
competitiveness of many companies difficult.

It is not uncommon for the last alternative to be the closure and liquidation of a previously traditional company, due to a lack of suitable succession arrangements, a suitable successor or because no external investors could be found.