Medium-sized businesses in distress: who will save the company succession?

Medium-sized businesses in distress: who will save the company succession?

The air is burning in Baden-Württemberg! Over half a million medium-sized companies are desperately looking for successors for their companies. A third of these entrepreneurs have already thrown in the towel and plan to close their doors forever. What does this mean for the economy and what solutions are available? The hosts Anna Planken and David Ahlf explore this explosive question in the latest episode of their podcast “Plusminus. More than just economics”.

Finding a suitable successor is almost impossible for many owner-managed businesses. The job market is empty and many entrepreneurs do not take care of a handover in time. In addition, the younger generations have completely different ideas about their working life. But there is hope: one possibility is to hand the company over to your own employees. The podcast episode shares various experiences from companies that have already taken this path.

Disputes and challenges in company succession

But succession often also involves conflicts. Often the focus is not only on strategic considerations, but also on personal vanities and communication problems. The “Quarks Daily” podcast looks at how you can argue constructively and what scientific findings there are. The discussion about company successions is not only economically charged, but also emotionally charged.

The situation is alarming and requires urgent action. Entrepreneurs in Baden-Württemberg are faced with the challenge of making their companies future-proof, while at the same time the search for successors is becoming increasingly urgent. Time is ticking and the question remains: who will take the reins?