When you sell your business, everyone congratulates you.
But no one tells you what to do next.
You find yourself with cash, time, a new identity to rebuild... and a host of decisions to make.
Tax reuse, capital allocation, family governance, tax optimization, personal balance, children's education: everything becomes strategic.
This article is a crude and useful guide to laying the right foundations.
No bullshit, no abstract theory. Just the essentials you need to know to turn an exit into a solid foundation.
Reinvest your money / Preserve your wealth
This is the first action to take. Re-use your money, invest your remaining capital and, above all, protect your wealth.
Refund 150-0 B ter
Conditions :
- Setting up a company
- Investing in a company
- Invest in an eligible investment fund
Managing your money
- Merchants de biens
- Real estate
- Farm profits
- ETF
- Luxembourg life insurance
- Venture capital / private equity funds
- SCPI
- Equities, bonds
- Private credits
- Raw materials
- Art, cinema
- Cryptocurrencies
- Collectibles
- Forests, vineyards
Philanthropy
Reinvest in causes that are important to us, without financial return.
Tax optimization
The aim is to ensure that the company's asset structure is optimized.
- Tax deductions and credits to maximize tax deductions and use credits to reduce tax payable
- Inheritance planning (Dutreil agreements, trusts, family foundations) to minimize inheritance tax and optimize gifts
- Optimization of legal structures and tax residences to benefit from the most advantageous tax regimes
Managing the emotional and psychological fallout
An often taboo subject: selling your business can leave you feeling empty, and sometimes depressed.
- Deep detox
- Intensive sports and dietary rebalancing
- Coaching psy: talk to entrepreneurs who have experienced down post-exit
Family governance
Maintain over time the empire you've created through family governance.
Family governance involves setting up clear rules to manage relationships and economic affairs within your family.
The aim is to avoid conflict, strengthen family ties and ensure the sustainability of your family businesses and assets.
Actions to be undertaken :
- Draw up your family charter (values, vision, rules)
- Set up governance structures: family council, executive committee, family assemblies
- Developing policies: conflict management, resolution mechanisms
- Define procedures: integration, training, member progression, succession planning
Everyday logistics
Take care of your day-to-day logistics.
- Keep track of your assets and investments
- Keep your administrative files up to date (official documents, social organizations, school records)
- Manage the recruitment, scheduling and payroll of your household staff (babysitting, cleaning)
- Manage your online reputation: tidy up and clean up your presence
Educating your children
How do you educate your children?
How do you prevent them from becoming "rich kids"?
How do you pass on the values of hard work, high standards and discipline?
- Empowerment and autonomy
- Gratitude
- Volunteer work
Photo : Raghav Bhatia