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REGIONAL DEVELOPMENT AGENCY CONSULTS ENTREPRENEURS HOW TO TRANSFER SUCCESSFULLY YOUR BUSINESS

Experts from RDA BSC SMEs (Regional Development Agency with Business Support Centre for Small and Medium-Sized Enterprises) will conduct a series of consultations on succession and business transfer to Bulgarian and foreign entrepreneurs. This will happen during the specialized thematic conference “Speed Mentoring”, part of the big national forum “Digital Technologies Week in Bulgaria” in Plovdiv at the end of September.

"The successful succession and transfer of business is leading issue to preserve jobs and guarantee the continuation of existing companies" - said Velizar Petrov, executive director of RDA BSC SMEs.

"It's important to know that transferring or succession/inheriting a business is an integral part of a company's strategic management. The correct answers to questions like: when, how, to whom, and how much it can cost, can make a business rich or bring it down to bankruptcy. They are the key to the success of any entrepreneur crucial for a successful businessman. In addition, business transfer is a good alternative for start-up entrepreneurs to swim in the deep waters of the market economy, and our Agency has been working successfully in this field for years, being a partner with 10 other international organizations in STOB regions project under Interreg-Europe Programme.  Within the project we consider the complexity of the entire process of transfer of the business as part of the life cycle of the company, added Velizar Petrov.

The idea of the Speed Mentoring Specialized Conference is to have well-known and distinguished professionals providing valuable advice on current topics in various fields, and attendees will be able to meet with them and personally receive valuable advice and advice to improve their business.

The STOB regions project aims to optimize the implementation of the European Structural and Investment Funds in the regions in the field of business development and transfer by initiating a learning process, exchange of experience, evaluation, transfer and upgrading of good practices.

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