Business Transfers: Same Goal, Different Realities
Focusing on a purely economic approach fails to recognise that this is, above all, a story about human beings.
MindForest offered a unique opportunity to exchange with peers on 8 December 2022. Participants were able to benefit from the advice of business transfer specialists on how to successfully transfer and/or take over a business, without neglecting the human factor… which is said to be responsible for 80% of failed transfers.
The discussion focused on how to achieve this objective by taking into account the full scope of the transaction. This means not only the financial, tax and administrative aspects, but also the effective transition between the seller and the buyer and how the teams involved are supported.
Together we explored this approach and discussed the key challenges and success factors, including:
- The importance of explaining and managing change.
- The emergence or evolution of an organisational culture
- The prevention and mitigation of employee resistance
- The advantage of listening to weak signals before the transaction takes place.
Read now our documents to get our advice from our speakers and participants