Wissenschaftliche LiteraturTransitionBWL

Critical success factors in the transition of German family-owned manufacturing SME companies to external management

Interdisziplinäre Schriftenreihe „Familienunternehmen“

Business succession is the biggest challenge for every entrepreneur in the entire career. The successful handover is a lengthy process with many hurdles. It represents an extreme situation for both the former owner and the successor.

By 2027, a gigantic generation change within SME is awaiting us in Germany. With more than 1 million companies, a…Business successionChecklistFamily-ownedFamily businessGermanManagementProblemsSelling a businessSMESuccessSuccessor wantedTransition