INSIGHTS
Notes and analyses published when we have something to say.
Once a month, on concrete topics: entrepreneurship, capital, succession, liquidity, exit, governance.
- 20267 min readSuccession: eighteen months is rarely enough. Here's why
370,000 companies to be sold by 2030, 130,000 expected buyers. What buyers see, what sellers underestimate, and the five workstreams of serious preparation.
TRANSMISSION · MARKET - 20264 min readSuccession: what the Bpifrance letter doesn't say
There's what the letter says, and there's what it doesn't say: how much you'll actually pocket, once you factor in the 31.4% PFU, the tightened apport-cession rule and risk discounts.
TRANSMISSION · TAX - 20265 min readSelling in eighteen months: what to do today
A sale isn't decided in six months. It's prepared 18 to 36 months in advance. Five concrete workstreams to build a trajectory sellable at the price it deserves.
EXIT · PREPARATION - 20266 min readA successful exit only happens once
You spent fifteen years building your company. Its sale, however, will be decided in a few months — and you won't get a second try.
EXIT · PREPARATION