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BTP-Business Transfer Programme

On European level yearly thousands of healthy businesses and with it hundred thousand jobs disappear from the market since the business succession is not regulated. Statistically approximately 610,000 small- and medium sized businesses with approximately 2.4 million employees will be affected by it within the next 10 years. From the business- and economic sight many of these businesses are indeed worth being maintained. Especially jobs for often older employees would persist and still extant company structures could be usefully used in future. Additionally, often badly hedged transferring businessmen could be financially assured by an ordered taking-over (“businessman-pension”).The handing over or take-over of an enterprise requires a variety of planning and arrangements which must be made early to guarantee a successful handing over or take-over. Very often there are even specific recapitalization measures which have to be rapidly realized within such handing over businesses. Due to enquiries in the context of the project application, the awareness for the necessity of a long-term and strategic planning of the business succession as well as measures for security and relief of the business succession is still missing at the European level. Furthermore the experience of the project applicant and the project partners show gaps in education- and consultation-offers for the business succession process.

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