My finances, my projects, my life
November 21, 2024

Special feature: “Transferring a business”

  Compiled by myLIFE team myCOMPANY November 17, 2022 1724

Your thriving business is the result of many years of hard work, passion and personal commitment. You’re now ready to hand over the reins of your business to someone else, but are eager to protect its future. So, what specifically can you do to best prepare? What steps are there to consider? How can you make the right decisions, get the right partners on side and transfer your business at its true value, including when selling to your own children? What are the main mistakes to avoid? In this special feature on business transfers, myLIFE gives you some key pointers to help you prepare and ensure this stage in your entrepreneurial journey is as successful as possible.