[{"@context":"https:\/\/schema.org\/","@type":"Article","@id":"https:\/\/www.limar.sk\/predaj-vasej-firmy-vyhlad-fuzii-a-akvizicii\/#Article","mainEntityOfPage":"https:\/\/www.limar.sk\/predaj-vasej-firmy-vyhlad-fuzii-a-akvizicii\/","headline":"Predaj va\u0161ej firmy: V\u00fdh\u013ead f\u00fazi\u00ed a akviz\u00edci\u00ed","name":"Predaj va\u0161ej firmy: V\u00fdh\u013ead f\u00fazi\u00ed a akviz\u00edci\u00ed","description":"Wall Street informoval o bannerovom roku pre f\u00fazie a akviz\u00edcie s korpor\u00e1tnymi pokladnicami, ktor\u00e9 praskli prebyto\u010dnou hotovos\u0165ou.\u00a0Vyzeralo to, \u017ee ka\u017ed\u00e1 ve\u013ek\u00e1 spolo\u010dnos\u0165 rozmiest\u0148uje tento kapit\u00e1l jedn\u00fdm z troch sp\u00f4sobov;\u00a0odk\u00fapenie akci\u00ed, zv\u00fd\u0161enie dividend alebo akviz\u00edcia.\u00a0V\u0161etky tri \u010dinnosti predstavuj\u00fa d\u00f4veru v bud\u00faci rast ekonomiky.\u00a0 Na\u0161a ekonomika preuk\u00e1zala neuverite\u013en\u00fa odolnos\u0165 t\u00fdm, \u017ee pri s\u00e9rii ni\u010div\u00fdch pr\u00edrodn\u00fdch katastrof a […]","datePublished":"2019-08-02","dateModified":"2019-08-02","author":{"@type":"Person","@id":"https:\/\/www.limar.sk\/author\/#Person","name":"","url":"https:\/\/www.limar.sk\/author\/","identifier":1,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/325464d7e09ffe52889ba6983accc5cdb65d0a54acd9a25cd7e409bd3eba713a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/325464d7e09ffe52889ba6983accc5cdb65d0a54acd9a25cd7e409bd3eba713a?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"limar.sk","logo":{"@type":"ImageObject","@id":"\/logo.png","url":"\/logo.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.limar.sk\/wp-content\/uploads\/img_a305350_w16819_t1566644149.jpg","url":"https:\/\/www.limar.sk\/wp-content\/uploads\/img_a305350_w16819_t1566644149.jpg","height":0,"width":0},"url":"https:\/\/www.limar.sk\/predaj-vasej-firmy-vyhlad-fuzii-a-akvizicii\/","about":["Financie"],"wordCount":432,"articleBody":"\tWall Street informoval o bannerovom roku pre f\u00fazie a akviz\u00edcie s korpor\u00e1tnymi pokladnicami, ktor\u00e9 praskli prebyto\u010dnou hotovos\u0165ou.\u00a0Vyzeralo to, \u017ee ka\u017ed\u00e1 ve\u013ek\u00e1 spolo\u010dnos\u0165 rozmiest\u0148uje tento kapit\u00e1l jedn\u00fdm z troch sp\u00f4sobov;\u00a0odk\u00fapenie akci\u00ed, zv\u00fd\u0161enie dividend alebo akviz\u00edcia.\u00a0V\u0161etky tri \u010dinnosti predstavuj\u00fa d\u00f4veru v bud\u00faci rast ekonomiky.\u00a0\tNa\u0161a ekonomika preuk\u00e1zala neuverite\u013en\u00fa odolnos\u0165 t\u00fdm, \u017ee pri s\u00e9rii ni\u010div\u00fdch pr\u00edrodn\u00fdch katastrof a ve\u013ekom n\u00e1raste n\u00e1kladov na energiu sotva zmizla \u00fader.\u00a0V bezprostrednom horizonte ni\u010d nezasiahne tento rast v roku 2006. Ako to ovplyvn\u00ed vlastn\u00edkov rodinn\u00fdch podnikov?\tPr\u00e1ve za\u010d\u00edname dobre zdokumentovan\u00fd cyklus odchodu do d\u00f4chodku baby boomu.\u00a0Za\u010dala sa gener\u00e1cia baby boomuov a r\u00e1stla stovky tis\u00edc \u00faspe\u0161n\u00fdch s\u00fakromn\u00fdch firiem.\u00a0T\u00ed vlastn\u00edci tie\u017e \u010delia odchodu do d\u00f4chodku a \u010delia zlo\u017eit\u00e9mu rozhodnutiu, ako od\u00eds\u0165 do d\u00f4chodku a ukon\u010di\u0165 svoju podnikate\u013esk\u00fa \u010dinnos\u0165.\u00a0Ma\u0165 schopn\u00fd a dobre vy\u0161kolen\u00fdch dedi\u010dov zapojen\u00fdch do podnikania je najjednoduch\u0161\u00ed v\u00fdchod.\u00a0Kombin\u00e1ciou darovania a v\u00fdkupu dosahujete likviditu pre rodi\u010dov a z\u00e1rove\u0148 umo\u017e\u0148ujete \u010fal\u0161ej gener\u00e1cii pokra\u010dova\u0165 v podnikan\u00ed.\u00a0\t\u0160tatistiky ukazuj\u00fa, \u017ee iba jedna tretina v\u0161etk\u00fdch rodinn\u00fdch podnikov je \u00faspe\u0161ne preveden\u00e1 na \u010fal\u0161iu gener\u00e1ciu a iba 13% sa prev\u00e1dza na tretiu gener\u00e1ciu.\u00a0M\u00e1m pocit, \u017ee tieto percent\u00e1 sa \u010dasom zni\u017euj\u00fa.\u00a0Z h\u013eadiska ponuky preto vstupujeme do b\u00farky pre stredn\u00e9 trhov\u00e9 f\u00fazie a akviz\u00edcie.\tEkon\u00f3mia 101 by n\u00e1m povedala, \u017ee s prepadom ponuky prich\u00e1dza er\u00f3zia cien.\u00a0Pokia\u013e je va\u0161a firma komoditn\u00fdm typom, aj ja, nie diferencovan\u00e1, n\u00edzko mar\u017eov\u00e1, budete pri predaji \u0165a\u017eko presaden\u00ed agres\u00edvne n\u00e1sobky.\u00a0To bude do istej miery vyv\u00e1\u017een\u00e9 dopytom v\u00e4\u010d\u0161\u00edch spolo\u010dnost\u00ed v tom istom odvetv\u00ed, ktor\u00e9 sa c\u00edtia optimisticky vo\u010di ekonomike a disponuj\u00fa dostupn\u00fdm kapit\u00e1lom od ziskov po \u00fatratu.\u00a0V\u00e4\u010d\u0161ina z nich sa prihl\u00e1sila s ve\u013ek\u00fdm pr\u00eds\u013eubom, ale z v\u00e4\u010d\u0161ej \u010dasti bola zle vykonan\u00e1.\u00a0\tKupuj\u00faci zaplatili pr\u00edli\u0161 ve\u013ea v oblasti k\u0155menia, aby zv\u00fd\u0161ili svoj podiel na trhu – pozrite sa na trhy s odpadom, elektrickou energiou, so vzduchotechnikou, na pren\u00e1jom, na trh s pren\u00e1jmom zariaden\u00ed ako na pr\u00edklady slabo v\u00fdkonn\u00fdch roll-upov.\u00a0Druhou hlavnou chybou bolo nadhodnotenie synergi\u00ed, ktor\u00e9 by sa mali dosiahnu\u0165 s ve\u013ekos\u0165ou.                                                                                                                                                                                                                                                                                                                                                                                        3.6\/5 - (5 votes)        "},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Predaj va\u0161ej firmy: V\u00fdh\u013ead f\u00fazi\u00ed a akviz\u00edci\u00ed","item":"https:\/\/www.limar.sk\/predaj-vasej-firmy-vyhlad-fuzii-a-akvizicii\/#breadcrumbitem"}]}]