Daughter or son to run the business? Or sale to an outside party?
The Netherlands has many family businesses. Next Steps assists family businesses in the transfer to daughters and/or sons. Or, if that is not possible, to an external party.
Sale to family
In the interest of good agreements, a family statute is often used. This is an agreement, in which the most important matters are laid down. The status is not a substitute for the shareholder agreement.
In the case of family members, financing is tailored to fit the possibilities. Consider a subordinated (family) loan or an earn-out arrangement.
As a rule, the process of selling to family is a longer one. Responsibilities are transferred over time, and when everyone is ready, the business transfer really comes into view.
How do you arrange an outside business acquisition?
Lack of a good successor is a major reason for selling the family business to an outside party. If there is no successor within the family, there is sometimes disappointment about this. In a exploratory talk we indicate the possibilities.