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Succession Planning: The Right Time is NOW!

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03 Nachfolgeregelung
I understand that succession planning may be a difficult and unsettling topic for many entrepreneurs. It forces us to confront the reality of our mortality and the future of our life's work. However, based on my extensive experience as a consultant in this field, I can confidently say that NOW is the perfect moment to address this important matter. Allow me to explain why.

In my career, I have accompanied many entrepreneurs in finding a suitable succession plan. It is one of the professional experiences that shaped me the most. Why? Because I see again and again what a relief it is to tackle this topic thoroughly and at an early stage.

Why NOW?

The sooner, the better—that is my firm conviction. A succession plan is not a project that can be completed in a few weeks. It requires time, consideration and often emotional work. Those who start early can make the best decisions in peace and without pressure.

My Personal Perspective

I always tell my clients: face reality, however uncomfortable it may be. Because the truth is that none of us lives forever, and the business we have built with so much passion needs a clear perspective for the future.

Key Lessons Learned

The most important thing I have learned over the years is that communication is the key. Talk to your family, your business partners, your team. Listen to them. Their concerns, wishes, and expectations are an essential part of the process.

My Recommendation to You

Start NOW. Not sometime in the future, not in a few years. NOW is the right moment to get support—be it from an advisor, a lawyer, or a tax expert. Someone who knows the whole process and will guide you through it competently. An advisor who not only listens carefully to your needs, but also understands the succession process as a comprehensive project and stands by your side full of trust.

Conclusion

Life is uncertain, but the future of your business should not be. That's why NOW is the time to tackle succession planning. It is an investment—in the future of the business, but also in your peace of mind.

Learn More?

If you are interested in this topic, I would be happy to talk to you about it in an initial, non-binding conversation. Just leave me a message under the following link and I will get in touch with you.