Selling or gifting?
Business succession is often an intensive and lengthy process, especially for family-owned companies where business and personal interests are closely connected. Our specialists understand the balance between the financial and emotional considerations you face as an entrepreneur. They guide you through the entire process and ensure that the transfer is successfully completed in every respect.
In short, we provide:
- Guiding you through the entire process.
- Valuation of the business
- Advice on financial, tax and legal opportunities and risks
- Support in discussions and negotiations
- Documentation of all agreements
- Drafting of transaction documents.
Business succession and the emotional side
There is nothing more rewarding than entrusting your company to your child or children. They often know the business inside out and understand how to take it forward. Our advisors help you find answers to key questions such as: Is my intended successor suitable? How can I ensure a fair distribution among my children, including those who do not wish to be involved in the business? What are the risks of a family business transfer? What do the business succession scheme (BOR) and facility (BOF) entail? And will I have sufficient financial security for my retirement after the transfer?
Complete guidance in business succession
Tax, legal and financial advice play an essential role in the business succession process. On the legal side, we look at aspects such as company structure, articles of association and shareholder agreements. We can also advise you on the most suitable form of succession, whether that is a gift, sale or management buy-out. Finally, we assist in recording agreements and drafting transfer contracts. In short, we provide full support throughout the process, so that you can transfer your business to your children with peace of mind, knowing that everything is properly arranged for your children, your employees, your business partners and, of course, for yourself.
Specialists in business succession
Process guidance in business succession is usually provided by Crossminds, an independent business unit of Moore DRV that specializes in this area. The advisors at Crossminds work closely with other colleagues within Moore DRV, such as accountants, tax specialists and legal advisors, to ensure that the transfer is tax-efficient, watertight and free of legal pitfalls.
They also regularly involve the specialized tax experts from Zantboer & Partners in the process. Their role is to help ensure that the wealth generated from your business can support your next stage in life. All these collaborations provide flexibility and efficiency throughout the process. We offer the full range of expertise you need under one roof to guide you smoothly through your business succession.
Want to find out more about business succession?
Would you like to know more about our support with business succession? Leave your contact details here, and one of our advisors will get in touch with you.