Succession

Even the most successful entrepreneur will want to retire at some point. In order to create a seamless transition, it is beneficial to plan for this event ahead of time. During the next four to five years it is expected that approximately 40.000 businesses in our industry alone will go through a business transfer. Therefore, proactive planning in regards to business succession is one of the main challenges for medium sized businesses in the hotel industry and gastronomy. As industry expert advisors, we support the successor as well as the retiring leadership in a successful leadership change. The basis of our consulting services in this particular scenario is an extensive business analysis. This will allow us to get a clear picture of the current status quo of the business, especially in the fields of business economics, financials and conceptual direction.