How would you like to pass on your business?
We guide your business succession
Passing on your business is a significant step, particularly when family members, employees, or other stakeholders are involved. In addition to financial considerations, tax, legal, and personal interests need to be carefully balanced.
Crossminds guides you through every stage of the succession process. From valuing your business and developing the right structure to formalising agreements and completing the transfer. Together, we create a succession plan that suits you and safeguards the future of your business.
Business Succession Options
There are several ways to pass on a business. Perhaps the next generation is ready to take over, you are considering employee participation, or you are still exploring which solution best fits your situation.
We help you explore the available options and assess the financial, tax, and legal implications of each scenario. This enables you to make informed decisions and choose a succession strategy that aligns with your ambitions and the future of your business.
Family business succession
Passing your business on to children or other family members requires careful preparation. In addition to the value of the business and the financial arrangements, family dynamics and the continuity of the company play an important role.
We help you gain insight into the various interests involved and guide you through the entire process, from preparation to the successful transfer of ownership.
A successful family business succession requires clear agreements and attention to both the business and family dynamics. We help you identify the most suitable succession structure and guide you throughout the process.
When transferring a business within the family, the Business Succession Scheme (BOR) can play an important role in making the transfer more tax-efficient. We assess the available tax opportunities and requirements and ensure they are incorporated into the overall succession plan.
A sound business valuation provides clarity for both you and your successor. We determine the value of your company and use it as the foundation for the agreements and decisions surrounding the succession process.
Employee participation
Not every business is passed on within the family. Employees or members of the management team can also play an important role in the future of your company. Employee participation can be an effective way to increase commitment and ownership while ensuring the continuity of the business.
Together, we explore which form of participation best suits your company and the people involved.
Do you want to give your employees or management more responsibility and ownership? We can help you explore the possibilities and set up an appropriate participation structure.
A share transfer involves more than simply determining a purchase price. We guide you through the structure, agreements, and financial implications of the transaction, ensuring the transfer is carried out carefully and effectively.
From the initial discussions to the finalisation of agreements, we guide you through every stage of the succession process. We coordinate the process, keep all stakeholders informed and involved at the right time, and help ensure a smooth and well-structured transfer of ownership.
Not sure how you would like to pass on your business?
The right succession route is not always immediately clear. You may be considering family succession or employee participation, be unsure who could take over the business, or simply want to gain a better understanding of the available options.
We help you explore the different scenarios and assess their financial, tax, and legal implications. Together, we identify the approach that best aligns with your business, your ambitions, and your future plans.
Together, we will explore the various forms of business succession that are possible. We will discuss the pros and cons of the different paths and provide insight into the implications for you and the company.
An informal discussion is often a good first step. We will talk about your business, your plans, and any questions you may have regarding the transfer. This will provide you with new insights and help you determine the steps you can take next.
Thorough preparation provides peace of mind throughout the process. Together with you, we will develop a clear approach for the transfer, taking into account financial, tax, legal, and personal interests.
Complete guidance throughout the succession process
A business succession affects different parts of your company. That is why our advisors work closely with accountants, tax specialists and legal experts within Moore DRV whenever needed.
From the business structure and tax opportunities to agreements with family members or employees, all important aspects are taken into account. This gives you access to the expertise you need and allows you to move confidently towards the transfer of your business.
