„Nothing is more steady than change itself.“
Companies must constantly adapt to changing conditions. Often, tax issues are less of a concern..
The focus is initially on business aspects such as:
- Is it worth setting up another permanent establishment?
- How can I finance the expansion of my company?
- How can I find a suitable successor or partner?
- How much is my company worth?
We have already accompanied many companies through these change processes and welcome the challenge.
Certainly, every entrepreneur has an idea of where his company should go and where it should be in the near or distant future. This idea is expressed in figures in a business plan.
Banks in particular expect financial planning figures for business development over the next three to five years when financing a major investment project. After all, banks have to assess the ability of their clients to service their debts. Of course, this is also important for companies in crisis, because then the previous debt service may have to be negotiated.
As a rule, lenders also expect financial controlling to be carried out on an ongoing basis to check whether the plan has been achieved.
We have a great deal of experience in the preparation of planning calculations and can provide you with comprehensive support for all questions in this context.
Succession involving inheritance in a business is a complex topic that raises many questions:
Should the business be passed on to the successors without a major tax burden or will there be a third-party acquisition? Not only income tax burdens, but also inheritance tax or, under certain circumstances, real estate acquisition or turnover tax issues play a role.
In the case of restructuring and restructuring processes, particular attention must be paid to the frequently encountered inadvertent disclosure of unrealised gains.
We advise you according to your objectives in all essential topics concerning optimal succession planning.
You want to expand your company, offer new products or services, open up new markets, buy an entire company or invest in one?
Many measures that make business sense fail because you cannot get the project financed because the investors are sceptical about it. We can help you to convince critical investors of your project or even to inspire them to support it.
Companies in crisis require increased guidance.
The most important point is to recognise the crisis as early as possible and to react in order to ensure the survival of the company. This is where close contact with the entrepreneurial client, together with a prompt preparation of the financial accounting (link to financial accounting) can help.
The main focus is usually on securing the private assets and thus the livelihood of the client.
In the final analysis, this may also mean that we have to recommend that the company be terminated by filing for insolvency or liquidation.
Often, however, a restructuring is also possible, in which case we are happy to support you in the necessary negotiations with creditors.
In principle, companies do not have a limited life expectancy, but we humans do. At some point it is time to hand over some or even all of the responsibility. Investors in particular view it negatively if this process is not initiated in good time.
Of course, the handover to a successor should be well thought out and nothing should be decided hastily.
We look forward to finding answers to the questions that may arise:
- How much is my company worth?
- Is there a suitable successor? Is the question not rather: how do I judge whether a successor is also suitable?
- Can I pass on the business within my family without jeopardising its continued existence through taxation?
- Have I made sufficient provisions for myself and my retirement? Is it not already too late? Drawing up and assessing provisions for retirement.