Are Germany's SMEs an endangered species ? DB Research states: The succession gap in Germany's Mittelstand (small and medium-sized enterprises, or SMEs) is overstated. Attractive businesses have no difficulty finding new owners these days.
However, with succession solutions outside the proprietor families on the increase, the successful, typically German (family) business structure could start to crumble. Might this also impair the German Mittelstand's business capital, high flexibility coupled with organically evolved trust? In the long term many SMEs are looking at a bright future. Crucial to this, besides the efficient organisation of generation change, are new forms of cooperation and modern financing instruments. A better political environment for business start-ups and a more open-minded attitude to the immigration of business talent would strengthen the entrepreneurial landscape as a whole.
The link to DB Research's complete study is available through the links below (english and german version available):
DB Research: Germany's SMEs an endangered species ? (PDF english, DBR)
DB Research: Germany's SMEs an endangered species ? (PDF german, DBR
DB Research: Germany's SMEs an endangered species ? (PDF english, local source)
DB Research: Germany's SMEs an endangered species ? (PDF german, local source)