Inter-generational transfer of property
Family businesses are a diverse group of business entities with varying degrees of family influence, size, business profile, or location. What all of them have in common, however, is the challenge that each will undoubtedly have to face: the succession and survival of the company as a family business.
Succession is a challenging issue for family businesses. The emotional aspect plays a major role here; after all, the continuation of family achievements and traditions is at stake. There are many reasons for a possible failure of the succession process, the major one being probably that of unwillingness to transfer power or simply the lack of willing and/or qualified successors among family members.
The Family Office service offers support in the succession process in family businesses, providing the Nestors with the ownership supervision tools necessary for the gradual transfer of knowledge, power and ownership to the successors.
If it is not possible to transfer the company to the successive generation of family members, CMT Advisory offers analyses of alternative solutions, including primarily the search for an investor, both financial and strategic, with a view to:
- a joint, continued value building of the company and its resale,
- reducing the involvement of family members, while leaving part of the property and family culture in their hands.