Family business succession
Do you want to ensure that your family business passes down successfully to the next generation? Then it is important that you start thinking about how to ensure a smooth business succession, and the tax and legal aspects involved. That is because, in particular, an effective family business succession also depends on the amount of tax you pay. For example, it obviously makes a difference whether you pay 40% or 3.4% tax!
A fruitful succession, without frustration
Is your successor ready to take over the family business, but is it necessary to postpone the takeover until certain tax matters have been properly resolved? This can be frustrating for the successor, and also bad for your family business. Meijburg’s advisors ensure that the succession is well-prepared and optimal in terms of tax. But they would also be glad to exchange thoughts with you on the non-tax aspects involved in any effective succession.
Developing a succession strategy
An effective business succession demands a sound succession strategy. This involves giving due consideration to who might be suitable to succeed you in the family business, and when. However, there are also other important questions which you may want to ask yourself when preparing a good succession strategy. For example, what would be necessary to provide the right support for your successor? And: is there a business network on which your successor can fall back once he/she has taken over at the helm?
