Passing the Torch: When and How to Do It
A seasoned business founded by an entrepreneur is at a pivotal crossroads—should it maximize its business value and sell, or should it preserve family ownership to continue fostering growth for future generations?
Challenges in the Intergenerational Transfer Process
- Family businesses differ significantly from conventional enterprises, and they also vary among themselves. Each family business has its own unique story and composition, making it impossible to apply a one-size-fits-all solution.
- A key principle for most family businesses is that careful planning for the future—beyond the first or second generation—is essential for maximizing business value and maintaining family harmony for the entrepreneur who has built the business thus far.
- Such planning is a multifaceted endeavor, addressing both the core elements of the business and the complexities of family dynamics and relationships.
- Specialized and sensitive external advisory support can assist in making optimal decisions and preventing severe crises that could jeopardize both the financial capital and the well-being of the family.
Key Components of Intergenerational Transition Advisory Projects
- Mapping and Diagnosis - Conducted across three fundamental dimensions: business, organizational, and familial. The uniqueness of family-owned companies in the business and financial context includes the blending of personal and business interests, profit centers tailored to individual needs rather than business metrics, and informal management and recording processes.
- Identifying Salient Opportunities and Challenges - Recognizing and agreeing on the opportunities and challenges presented by the intergenerational transfer across the three dimensions.
- Developing a Transition Plan – We will create a comprehensive intergenerational transition plan for the business, based on identified opportunities and challenges, and supported by relevant experts in tax, legal, and other fields.
- Implementing the Plan - We provide guidance to both the company and the family throughout the transition process. This includes establishing monitoring and control checkpoints to track the plan's progress and address any additional challenges that may arise during implementation.
About Us
EZUZ FINANCIAL EXPERTS - Your Trusted Financial Advisors for 30 Years
EZUZ has been dedicated to financial strategy, funds management, and accounting for three decades. We have successfully guided over 300 companies with annual operations ranging from a few million shekels to hundreds of millions.
We have amassed extensive experience in supporting companies across all sectors of the economy and in every conceivable business scenario. We provide personalized guidance to each company, starting from the initial assessment and analysis, through the development of business plans, and assisting in the achievement of corporate goals.
EZUZ FINANCIAL EXPERTS is recommended by all banks as a financial advisor for companies. We understand the "language" of the banking system and work closely with the relevant credit departments across all banks.
The key to business success lies in an exceptional financial plan
Schedule a complimentary advisory session with a financial expert
among the clients
What our customers say about us
Dear Ofer, As we approach the season of spring, I wanted to personally express my gratitude for the professional, high-quality, and effective guidance you've provided to Yohanan Solomon Ltd. – Mama. After 30 years of experience in my field, I decided to embark on a new path and, around eight years ago, launched a new business where our paths crossed. From our very first meeting, as you shared your expertise, I felt an immediate connection and knew you’d be a long-term partner. I placed my trust in you, and I wasn’t mistaken. Your approach is characterized by professionalism, patience, thoughtfulness, reliability, and a calculated perspective. Your swift and consistent responsiveness, creative problem-solving during crises, insightful recommendations and strategic development advice have significantly contributed to both my success and the success of Mama. There is no doubt that your work deserves high praise and appreciation, as you are integral to our achievements. Here's to continued fruitful and successful collaboration.
Yoḥanan Solomon, CEO and Owner of Yoḥanan Solomon Ltd.
Five years ago, we began our collaboration with Ofer Ezuz, a partnership that has brought significant success. Since we started working with Ofer, and largely thanks to him, the company has grown and developed, expanding its operations year after year. Ofer helped us streamline our processes with the banks, manage cash flows in a smart and efficient manner, and maintain accurate inventory management. His professional and unique consulting, combined with his extensive knowledge, greatly supports our daily operations and I am truly grateful for it. Thanks to him, we now manage our budgets effectively, drive the company’s growth, and lead it to continued success. We highly recommend him with great appreciation.
Ran Batzri, CEO and Owner of Ar-Por-Pet Ltd.
Working with Ofer and the team at EZUZ FINANCIAL EXPERTS for 18 years has been a positive and productive experience, alongside the dynamic environment of developing medical products: from raising capital, securing loans, and forming strategic partnerships to collaborating with the Chief Scientist, obtaining grants, achieving a major exit, and establishing a subsidiary. The significant benefits of working with Ofer and the team include their professionalism, personalized attention, and immediate availability. They always answered the phone quickly, and with a genuine smile. I had a single point of contact through whom everything was managed: controllership, payroll, budget control, financial reporting, and payments. Everything was handled in a straightforward, pleasant, and dedicated manner. Thank you.
Meital Vaknin, COO of Contify Medical Ltd.
Dear Ofer, after many months of conversations, data analysis, research, and professional brainstorming, the outcome has been both precise and exceptional. Beyond your professional commitment, I felt you were there for me whenever I needed your support, always and without fail. Thank you for everything.
Lilach Yerushalmi, CFO of Night Sleep Center Ltd.
We met EZUZ FINANCIAL EXPERTS when we faced a cash flow challenge. They helped us quickly sort everything out with both determination and sensitivity. Since then, we've been working closely with Ofer, Lior, and the team. They’ve managed to elevate our business to the next level, and today, we're a far more professional, precise, and well-tuned organization. What’s special about these folks is that they’re not only masters of their craft, but they’re also wonderful people to work with. They’re always there when you need them: patient, pleasant, service-oriented, and, of course, true professionals.
Assaf Sids, Founder and Co-CEO of Leave a Mark
TELRAN Communications is one of Israel's leading communications companies, with an annual turnover in the hundreds of millions of shekels. As a company in constant growth, the bank serves as a highly significant partner. Ofer came in and brought structure and organization to all bank-related matters. He listened to the company’s needs and worked to meet them, all while maintaining excellent relationships between the company and the banks. Highly recommended. In most companies, there isn’t a figure specializing in banking, and much can be improved with Ofer Ezuz's help.
Shay Aslan, CEO of the TELRAN Group
We met Ofer and EZUZ FINANCIAL EXPERTS during a project initiated by the banks, focused on inventory. At the end of the project, we continued our collaboration, with Ofer working closely alongside our company's management, CEO, CFO, and controller, guiding our financial strategy and maintaining ongoing relationships with our partner banks. We've been working together for several years, during which the economy has seen both ups and downs. Ofer’s steady support has been the missing link we needed to face the challenges before us. I wholeheartedly recommend working with Ofer and EZUZ FINANCIAL EXPERTS.
Eli Hollander, CEO and Owner of the "Planet Time" Group
Enrichment content
Guides and articles
necessary function for managing a healthy and functioning company
How to Correctly Secure Credit for Your Company?
Managing finances in companies – how to do it right?
Selling a private company? Here are 8 steps you must take beforehand!
necessary function for managing a healthy and functioning company
How to Correctly Secure Credit for Your Company?
Managing finances in companies – how to do it right?
Selling a private company? Here are 8 steps you must take beforehand!