Glossary
Handover in Stages
Responsibility passes from the current owner to the successor step by step. The previous owner introduces customers and partners, passes on knowledge and gradually steps back.
Related termManagement Buy-in (MBI)An outside person buys into a company and takes over its management at the same time.Next Read moreBusiness succession in Germany: how it works and why it needs foundersNext
FAQ
Frequently asked questions
What does a handover in stages mean?
Responsibility passes from the current owner to the successor step by step.
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