As Europe’s aging population triggers a wave of business ownership transitions, research in the International Journal of Management and Enterprise Development has looked at one of the often-overlooked aspects of business, the factors influencing whether small and medium-sized enterprises (SMEs) can survive such transitions in terms of exit strategies and succession planning.



Summary

A surge in business owner retirements across Europe underscores the critical importance of successful SME transitions. Research from the International Journal of Management and Enterprise Development examines the factors determining whether SMEs survive these transitions, particularly focusing on exit strategies and succession planning. With aging demographics forcing business owners to leave, the study highlights the need to understand how SMEs can best navigate these changes to ensure continuity and long-term viability. This research offers valuable insights into a frequently neglected, yet increasingly pressing, area of business management.

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