Advantages of Business Succession in Sachsen
One advantage of a business succession in Sachsen is that the region has very good infrastructure. Sachsen has well-developed road, rail, and air transport (with internationally connected airports in Dresden and Leipzig), which makes connections to other regions and countries easier. Sachsen also has a wide range of universities and research institutions, which encourages innovative business development.
More Advantages for Business Succession in Sachsen
Regional economic stability: Sachsen has a stable economy thanks to its industrial and services sector as well as its Mittelstand, which reduces the risk of succession for both the business and the successor.
Skilled-worker potential: Sachsen has a high density of qualified, well-trained workers, giving the successor a solid basis for managing the company.
Lower rent and labor costs: Compared to other German states, Sachsen offers favorable rent and labor costs, which can ease the burden on a company after a takeover.