Finance (77%) and risk assessment (64%) are the most important factors for entrepreneurs intending to take over or sell a business.
Finance (77%) and risk assessment (64%) are the most important factors for entrepreneurs intending to take over or sell a business. That was the result of a survey on takeovers carried out by Delta Lloyd en Brookz. A total of 129 entrepreneurs took part in the survey. The size of the businesses varied from five to 250 employees.
Besides finance and risk assessment, legal aspects (46%), personnel (43%) and tax aspects (43%) are also important. For 8% insurance is important in the case of a takeover.
The vast majority of entrepreneurs (88%) appoint one or more advisers for a takeover or business transfer. Takeover specialists are the clear favourite (60%), followed by accountants/auditors (46%), tax lawyers (39%) and other lawyers (19%).
More than half of entrepreneurs consult an insurance adviser for a takeover
It is noticeable that despite the relatively minor role played by insurance in a takeover, half of all entrepreneurs still consult their insurance adviser with regard to a takeover. The important aspects as far as entrepreneurs are concerned are pensions (74%), liability insurance (74%), sick leave insurance (36%) and mortgages (31%).
A third of all entrepreneurs surveyed also said that the insurance adviser could be more important to him or her during a business transfer or takeover. In practice, entrepreneurs value a positive attitude and specially tailored information.
Risk management advice and online risk scan
As a specialist insurer, Delta Lloyd supports entrepreneurs and insurance advisers with advice from risk managers. They draw up a detailed report containing tips for prevention, risk control, probability and size of risks and advice. An online risk scan is also an option. In this scan the risks of a business are mapped out very extensively. Not just liability, business interruption and fire, but also technical risks, transport risks and risks related to fraud.
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