Business Transfer Week: Charles François (Automobiles François) and BDO Corporate Finance host workshops about business transmission
05 November 2019
As part of the 2019 Business Transfer week organised by Sowaccess from 21st to 26th of October, BDO Corporate Finance and Charles François (former shareholder and Director of “Automobiles François” Opel car dealerships) hosted two workshops in Battice and Gosselies, related to the transmission of family-owned business.
Charles François is an entrepreneur who recently sold his three “Opel François” dealerships in Longlier, Arlon and Virton to another family-owned Opel dealer, “Opel Declerc”.
BDO Corporate Finance introduced the workshops by briefly setting the theoretical framework of business transmission, and describing the different steps of the transmission process both from the buy-side and sell-side perspectives.
Mr. François then told the privileged audience of 22 guests about the challenges and opportunities he faced during the sale of Automobiles François. He notably underlined the importance of a good preparation, and shared useful tips to make it through the complex period during which an entrepreneur both has to run its business’ day-to-day life and invest time in the transmission process.
The workshops were followed by networking sessions during which the guests, mostly entrepreneurs, said themselves very satisfied with the subject and presentation.