Succession Planning
We help you transfer ownership and leadership with clarity, structure, and long-term stability—without disrupting your business or family relationships.
80%
of the businesses
in Greece are
family-owned
But, why does only 12% reach the 3rd generation?
What is succession planning ​in a family business?​
Succession in a family business goes beyond a simple change of ownership. It is not limited to the inheritance or the legal transfer of the company, but a structured process of strategic planning and preparation that enables the next generation to step into leadership with clarity and effectiveness.
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A well-designed succession plan helps to:
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ensure business continuity and long-term sustainability,
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align business objectives with family goals and expectations,
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reduce potential conflicts between generations, while preserving the company’s culture and family values.​​
Why is it critical?
In Greece, approximately 8 out of 10 businesses are family-owned, forming a key pillar of the economy. However, only about 30% pass on to the second generation, while just 12–15% reach the third.
​​Without strategic preparation:
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part of the business's value may be lost,
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family tensions may affect operations and growth,
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the next generation may not be adequately prepared for management.
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Effective succession planning is essential for maintaining the stability and supporting long-term growth of the business, while preserving the family’s values and legacy.​​
Our approach
Our approach combines strategic planning, legal structuring, and active management of family dynamics to ensure a smooth and sustainable transition to the next generation.
It is built on a structured process that includes:
1. Current State Assessment
We assess the existing organizational structure and business operations, while engaging with family members to understand expectations, roles, relationships, and willingness to participate in the future.
2. Succession Strategy Design
We develop a clear and realistic leadership transition plan, define roles, explore options for family members, and establish a family constitution regulating relationships, where appropriate.
3. Legal & Tax Structuring
We design the appropriate legal and tax framework of the succession through corporate agreements, wills, and careful structuring to ensure an efficient and smooth transfer of ownership.
4. Training & Implenetation
We support the transition phase, develop the successor’s leadership capabilities, and, where required, assist in reorganizing the business to adapt effectively to the new structure.
Succession Readiness Assessment
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Start your succession planning with a clear understanding of where your business stands today.​
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We offer a free, comprehensive assessment system designed to evaluate the key factors that influence the continuity and long-term success of a business, including:​
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communication between members and management,
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clarity of roles and responsibilities,
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management of potential conflicts,
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emotional intelligence factors that impact collaboration in both family and business contexts.
This is not about identifying “right” or “wrong” answers. It is about gaining meaningful insight into the dynamics that shape decision-making, relationships, and long-term sustainability.
In just a few minutes, you will gain insight into:
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how prepared your business is for a leadership transition,
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which areas require attention before initiating the succession process,
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what key steps can support a smooth and sustainable transition.