Vienna faces challenges: 100,000 jobs in danger!
Vienna faces challenges: 100,000 jobs in danger!
In Vienna in the next five years, there are impressive 7,000 companies to find suitable successors in terms of almost 100,000 jobs. As the Chamber of Commerce Vienna are decisive for the stability and growth of Business locations. Walter Ruck, President of the Chamber, emphasizes that takeovers ensure that valuable innovations and know-how remain in the companies and that jobs are secured. In addition, 61 percent of the successors show that they were able to increase the sales of the companies taken over.
A comprehensive investigation of SME research Austria on the subject of “corporate transfer and successes in Austria” illustrates the dimension of the challenges: Around 25,000 companies will have to be handed over in the next five years, which concerns more than 321,000 jobs. The most common reasons for a transition to the company are achieving pension -capable age (68 percent). According to the report, 55 percent of the successions have a family basis, while external handover are 45 percent. The study also shows that 36 percent of the new owners hire additional staff, which promotes the continued existence of the company.
big challenges in successor
The handover of a company, however, brings with it numerous challenges - in particular tax and legal aspects and conflicts between the handover parties. Many transfers find the search for a suitable successor as a major hurdle. Almost half of the potential transfers have already used external advice or plans this. The Erhalten Sie täglich die neuesten Artikel aus der Kategorie Forschung.
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