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Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands [email protected]

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Page 1: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

Jos Paulusse

European Educative Projects bv

Vught; The Netherlands

[email protected]

Page 2: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

Business Transfer in SME

BT in Sme, a pilot project:

aiming to develop materials, video interviews, a comic book and a training program that supports colleges to help transferors (entrepreneurs and successors) to transfer their business:

In time

to the right person

with good financial conditions

Page 3: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

Business Transfer in SME

Coordinator of a group:

From:

The Netherlands

Belgium

Germany

Lithuania

Portugal

Page 4: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

European Educative projects is involved in many European projects, i.e.:

• E-business• Studentstarter• Business Transfer in SME• Management Simulation Tool –

Emerald Forest• (and other European projects)

Page 5: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

You have a business running

. . . . but some day . . . .

. . . there seems to be more . . . .

Why

What

When

How

Page 6: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

How: learn from others; attend seminars; attend a training; prepare a plan; talk with experts (accountant, lawyer)

When: at least 3-5 years before the transfer;

Preferable 7 -10 years before the transfer

Why: you have to get used to leave the company; you are no longer the boss; you might become an external adviser; to avoid troubles with family, workers and shareholders!

What: plan the future, talk about it, don’t surprise your environment

Page 7: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

It is all about

EMOTIONS!!

Now

or

within some years

Page 8: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

. . . will you be able to leave your company and stop poking your nose into everything?

The question is: . . .

Page 9: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

October 2009

Start of the project

Exploitation

October 2011

June 2011

March 2011

October 2010

Final conference BT in SME in Germany

First results:

Coaching experience in Germany

• Experiences from LT, BE, PT, NL

• Comic book

• Training programme

Final reports and products

Planning:

Page 10: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

Family

1-Member of the family

2-(partly-) owner, no family

3-Worker in the company

4-Member of the family and owner

5-(partly-) owner, worker

6-Member family and Worker in the company

7-Owner, member of the family, worker in the

company

Company

Ownership

Business Transfer in SME

Page 11: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized EnterprisesOn our website (www.business –transfer.nl )you find sources, references and links:

Research & Education Associations

Journals

Books

Blogs

Experts

Page 12: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

The training programme:

Part 1: Disciplines and Processes1. Family businesses2. Business analyses3. Value of the firm4. Finding a buyer5. Taxes6. Finance7. Organization8. Human Resource Management (HRM)9. Legislation10. Transfer types11. Social and emotional aspects12. Planning the Business Transfer

Part 2: The Transfer Plan13. Transfer Plan

Page 13: Business Transfer in Small and Medium Sized Enterprises Jos Paulusse European Educative Projects bv Vught; The Netherlands jpa@planet.nl

Business Transfer in Small and Medium Sized Enterprises

• Questions?

• Thank you

[email protected]