The relationship between successor and planning characteristics and the success of business transfer in Dutch SMEs
Joris Meijaard, Lorraine Marie Uhlaner, Roberto H. Flören, B.J. Diephuis, Beth A. Sanders
Abstract
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Joris Meijaard, Lorraine Marie Uhlaner, Roberto H. Flören, B.J. Diephuis, Beth A. Sanders
Abstract
Open-access reader
This study examines the relationship between successor and planning characteristics and post-transfer profitability in small businesses. Planning (by means of a written plan) is found to positively relate to profitability, particularly for non-family-firms. This study suggests that certain variables, especially the use of outside advisors may have an opposite effect on profitability.
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This study examines the relationship between successor and planning characteristics and post-transfer profitability in small businesses. Planning (by means of a written plan) is found to positively relate to profitability, particularly for non-family-firms. This study suggests that certain variables, especially the use of outside advisors may have an opposite effect on profitability.
Key concepts: Successor cardinal, Profitability index, Business, Plan (archaeology), Industrial organization, Marketing, Finance, Mathematics