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It's about more than just assets: why handing over a business is more complex than you think

It's about more than just assets: why handing over a business is more complex than you think

key takeaways.

  • Successful succession starts early: Preparing the next generation well in advance gives them time to understand the business, its responsibilities and the role they may want to play.
  • The definition of value is broadening: Financial performance matters, but purpose, impact and long-term meaning are becoming increasingly important.
  • Succession also needs preserving freedom of choice: Heirs need the space to decide whether they want to lead the family business, transform it, or pursue a different path.
  • Striking a balance between heritage and adaptability: The strongest family businesses remain anchored in values while evolving to a changing environment.
  • The stakes extend beyond individual families: In France, businesses account for a large share of GDP and employment, making successful succession important to economic resilience

Family business succession goes beyond ownership and assets. Discover how purpose, impact, freedom of choice and adaptability can shape a successful transition.

Beyond returns

Read also: Leadership beyond the founder: vision, talent and the art of letting go | Lombard Odier

Read also: How the next generation is reshaping private banking | Lombard Odier

The message to heirs: "Love your life!"

Handing over a business is all about control

Read also (in French): Entreprises familiales : ce que révèle notre nouvelle étude | Lombard Odier

view sources.
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1Source: EY barometer on the transfer of family businesses, 8 October 2025 (available in French only)
2Source: EY barometer on the transfer of family businesses, 8 October 2025 (available in French only)
 

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