How PwC can help
Succession planning in family businesses
We will assist you with succession planning and handing over the reins to your children. We will help you to establish the legal structure and the unspoken rules of your family business. We will appoint the suitable family members for the board and managerial roles, hiring external professionals as necessary. We will make sure that the succession is transparent and realisable and perceived by your children as fair.
Family finance of the future
We will help you to proceed with digital transformation and replace your paper office with a tailored solution including elements of robotisation and automation, which will save your time and money. We will help you to manage your cash flow and to identify ways how to find funding for the future development of your business. We will assist you with efficient allocation of your funds and with their adaptation to your long-term business strategy.
Change of ownership structure or selling of the business
We will answer any of your questions concerning M&A, company sale or entering capital markets. We will prepare marketing materials for you, approach the right investors, ensure a thorough audit of your company, assist you in negotiations, and provide complex consulting services with respect to the elaboration of your sales documentation.
Comprehensive consulting services for family businesses
Not only do our specialists in the area of audit, taxes, law, accounting, business and technology consulting services work for multinational corporations, but they also help Czech family businesses. We will arrange for an audit or taxes as well as other services which will allow you to devote the maximum amount of your time and energy to the actual business and to leave the other matters up to experienced professionals.
We aim to provide long-term support to family businesses, as they constitute the driving force of Czech economy. We seek new opportunities for them and intend to make the names of successful Czech entrepreneurs recognised across the globe.
Petr Kincl
PwC leader of family business services
Our services
- Succession planning/handing over the business
- Finding potential buyers or investors and arranging for the sale of your business
- Pre- and post-acquisition services in the area of finance
- Continuous services to ensure regulatory compliance
- Digital transformation of finance, accounting and reporting
- Cash flow & liquidity management
Succession planning/handing over the business
- We will design a family constitution for you (basic “soft” parameters)
- We will assist you in setting out the managerial roles of your family members
- We will have involved external managers as necessary
- We will help you to set out the legal structure of your family business – trust vs. holding vs. foundation
- We will design succession rules (testament, agreement of heirs, legacy, etc.)
