BUSINESS SUCCESSION AS AN ALTERNATIVE TO START-UP Cover Image

BUSINESS SUCCESSION AS AN ALTERNATIVE TO START-UP
BUSINESS SUCCESSION AS AN ALTERNATIVE TO START-UP

Author(s): Martin Novysedlák, Ingrid Dorčáková
Subject(s): Social Sciences, Economy, Media studies, Business Economy / Management, Marketing / Advertising
Published by: Univerzita sv. Cyrila a Metoda v Trnave, Fakulta masmediálnej komunikácie
Keywords: business succession; business transfer; enterprise transfer; start-up; startup;

Summary/Abstract: The aim of the paper is to provide insight on current business succession models in the world, supported by real life succession experiences. Topic of business succession has recently gained a lot of awareness, by national/regional/local bodies and private business sphere, mostly at small and medium sized enterprises. Idea of business succession is closely related to business transfer, answering questions of finding suitable heirs and successors for the business or considering sale of functional business. Idea of business succession is the opposite approach to business, comparing to current trend of Startup companies. The paper describes challenges in business succession and models that help companies survive the generational exchange.

  • Issue Year: 5/2018
  • Issue No: 1
  • Page Range: 489-499
  • Page Count: 11
  • Language: English
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