Successful succession: Network meeting in Ludwigslust on July 10th!

Successful succession: Network meeting in Ludwigslust on July 10th!

In Ludwigslust everything revolves around the future of companies - the fourth entrepreneur meeting “Link Up Lulu” will take place on July 10, 2025. Here, entrepreneurs, successors, startups and established companies have the opportunity to exchange ideas about the important topic of company succession. The event starts at 6:00 p.m. in the DeveLUP future center and offers a network for local businesses where new partnerships can be forged. [Nordkurier] reports on the central importance of this event for the region.

Special guests such as Philipp Hübler from GfG – Group Flour Grid GmbH and experts from Succession Center MV and the Schwerin Chamber of Industry and Commerce provide personal insights into successful succession strategies. The organizers, including Fiete Drews from Weimann Media GbR and Hennes Rösler from mpo-tec GmbH, have big plans. Their goal is not only to provide information about existing challenges, but also to open up new perspectives for the future development of companies.

Challenges of business succession

Medium-sized businesses, the backbone of the German economy, are faced with some difficulties when it comes to succession. Many family businesses have grown over generations, but are now faced with the challenge of planning the transition. One of the biggest obstacles cited is the lack of suitable successors, which 72% of entrepreneurs see as problems with succession. This makes exchange at events like “Link Up Lulu” all the more important in order to exchange experiences and find solutions. [Deloitte] emphasizes that a clear succession plan can significantly increase the willingness to invest - with an impending generational change, an increase of up to 40% can be expected.

The topic is not only hotly debated locally in Ludwigslust. In general, a total of 231,000 companies in Germany will be affected by closure by the end of 2025, as many owners do not know how to arrange their succession. The uncertainty is causing many entrepreneurs to hold back their investment plans, which can be problematic for medium-sized businesses in the long term. [KfW] points out that a regulated succession is not only crucial for the continuation of the company, but also for the entire economic development in the region.

Invitation to active participation

Entrepreneurs who are interested in the topic are cordially invited to take part in the entrepreneur meeting. Registrations are via email info@nordkurier.de or by phone at 038717226404. Exchanging ideas and making new contacts in this area are more important than ever, and “Link Up Lulu” offers an ideal platform to discuss current topics and future projects. The organizers invite everyone to take a look into the future and to actively participate in shaping company succession.