91,844 Belgian managers are now over the age of sixty.
26,650 businesses operating in the Belgian market and employing anything from 1 to 500 people will be handed over in the next 5 years. This ‘baby boom’ phenomenon, which is now turning into the ‘granddad boom’, will affect nearly 255,000 jobs in the next 5 years and 434,000 within the next 10 years.

Handing over this important part of the economic fabric requires meticulous preparation, first and foremost by the managers who are now reaching their sixties and who have to start on the greatest project of their career: ensuring that their business endures over the long-term and enhancing the value of the efforts of a whole lifetime.
This book encourages them to tackle this stage through a crucial awareness and helps them to structure a process which, both in organisational and in fiscal and legal terms, prepares the business for its sale under the best future conditions.

Although this book is aimed principally at heads of companies selling their business, it also contains a great deal of useful information for ‘young’ entrepreneurs who decide to take over a business.
The seeds of a smooth handover which bode well for the success of the transaction must be sown both by the party selling and by the party taking over the business. This book sets out the working methods and useful information for both parties.
The handover project covers a period of several years and its progress can only strengthen the business and avoid detrimental haste. Although the current economic conditions will not be favourable for finalising a handover for several months, there is no reason to delay putting the project in place.

This book was written by Michel Duvivier, Managing Partner of Just in Time Management Group, in collaboration with Jean-François Cats, Honorary President of the Institute of Company Auditors, Jacques Folon, partner of Just in Time Management Group and Professor of ‘grandes écoles’, and Jean-Paul Courtois, former-CEO of Coface.
The preface for the book was written by Eric Domb, former President of the Walloon Union of Business Enterprises and CEO of Paradisio.