Baker Tilly International Succession Planning Research

Baker Tilly International Succession Planning Research

Baker Tilly in Bulgaria, an independent member of Baker Tilly International, is participating in a global research project on succession planning and is inviting owners of privately-held and family businesses to participate via an online survey

"Succession planning is a key issue for businesses around the world; in the next decade an unprecedented number of owners will retire, leading to a massive shift in wealth, ownership and control," said Marios Klitou, CEO of Baker Tilly Klitou.

"Such is the scale of impending succession" Marios Klitou continued "that the way in which the ownership of these businesses is transferred will determine not just the wealth of the individual and family involved, but the future prosperity of the economies in which they operate.

"Many of those retiring currently have no exit strategy and need to understand the many complex family, individual and business issues that must be addressed in the succession process if they are to realise the best value possible for their business."

How to take part

Business owners who would like to take part in the research can use the link to access the questionnaire, which should take around 15 minutes to complete.

Those completing the survey will receive a copy of Succession Planning, a Baker Tilly International Guide for closely held and family businesses.

Later on in March-April, they will also receive a copy of the report based on the survey findings, supplemented by high-level analysis and commentary, which will provide valuable insight into the succession planning challenges and allow regional and global comparisons.

The closing date for submissions is 28 February 2013.Please visit to find out more about succession planning or contact Baker Tilly in Bulgaria at 00359-29580980.

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