Živnostník roku and Firma roku
This year we are very proud to announce that we are partnering with Živnostník roku and Firma roku.
One of the focus points of this year’s competition is business succession planing, and together with pwc, we will be contributing to a panel of experts which will assess businesses on their preparedness in this regard.
A survey conducted by ourselves together with Babinet at the beginning of this year tells us that only a quarter of family owned business in CZ have any sort of plan dealing with what happens to the business when the founder is no longer willing, or able, to run it.
Internationally, statistics also tell us that only 30% of family business survive this transition. Put another way, that means that 70% of businesses fail, resulting in enormous damage: The loss of jobs, closure of facilities, family conflict and very often huge destruction of wealth that have been carefully accumulated over many years.
Many (but not all) good business succession strategies involve the use of Svěřenské fondy. We are delighted to be able to contribute our expertise in helping the Czech Republic’s top family businesses take the very simple steps they need to ensure that they are properly protected.
We will be participating in the regional rounds of the competition in:
- Hradec Kralove – 16 September
- Pardubice – 17 September
- Usti nad Labem – 24 September
- Ceske Budejovice -29 September
- Liberec – 1 October
- Plzen – 7 October
- Olomouc – 8 October
- Brno – 13 October
- Ostrava – 15 October
- Prague – 22 October
The other reason for mentioning this is that we will obviously be in the cities above on the dates mentioned. If you would like to meet with us, if you would like us to prepare a presentation for you, your colleagues or your clients, please don’t hesitate to contact us.
