PERSPECTIVES
Notes and analyses published when we have something to say.
Once a month, on concrete topics: entrepreneurship, capital, succession, liquidity, exit, governance.
Categories
- 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.
- 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.
- 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.
- 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.