Instead of founding a new company, you may choose to take over an existing business. Every year, about 22,000 German companies are looking for a successor. In this case, you can benefit from the established structures and the existing customer base, and perhaps even from your predecessor’s knowledge. At the same time, however, you will be taking on responsibility for your employees.
The nexxt – Initiative Unternehmensnachfolge (succession initiative) will support you in planning and implementing the process of taking over an existing company. The exchange will let you look for businesses for sale in various industries and regions. You may also leave a search request in the succession exchange.
Information for women: On the pages of the Startup Portal for Female Entrepreneurs, you will find additional information on company succession for women (Information in German only).
nexxt-change Unternehmensnachfolgebörse (succession initiative)
Germany Trade & Invest
iQ Fachstelle Existenzgründung (startup competence centre)
BMWi Overview: Legal structures