For succession there are three basic paths – each with its own chances and pitfalls.
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The three paths
Path 1
Within the family
Familykeeps the work together
Not alwayssomeone wants or can
Fair splittax and inheritance law
Path 2
To your own team
Management buy-outyour own team
Knows the firmsmoother handover
Financingusually staggered
Path 3
Sell to third parties
External saleoften highest price
Demandingsearch and negotiation
Culturewill it be preserved?
The choice
What counts for you?
Prioritiesprice or preservation?
Staffgive them security
Combinationoften the key
Good to know
Which path is yours?
💡 First step: Family, own team or external sale – each path has its chances for price, taxes and continuity, and must be organised cleanly both tax-wise and under inheritance law. Your priorities decide; often a combination is the best solution.