Transfer toolbox is a web application with aim to support business succession in family businesses. It draws business owner’s attention to key aspects of business succession process and allows him/her to evaluate individual areas related to the succession. System offers four succession modes: within the family, within the company, to sell to the investor and to liquidate the company in a targeted manner. Business succession process is evaluated in 4 stages: information, analytical, conceptual and implementation. In each of these stages, business owner gradually answers questions related to the process at that stage. At the same time, the business owner has the opportunity to invite other key actors to the application – e. g. family members, but also employees, lawyers, consultants who answer the same questions. The output of the application is a comparison of individual answers and identification of potentially problematic areas in which there is no consensus in the preparation and process of business succession in a family business and therefore it is necessary to pay attention to them.
This application is the output of the project Interreg CE 1158 - Enterprise transfer: succession in small and medium-sized enterprises co-financed by the European Union funds under the development program Interreg Central Europe, Innovation and Knowledge Development. More information about the project can be found on the project website.