Success Story

On the 20-22 October, 2020 Vytautas Magnus University, one of the INBETS BSR partners from Lithuania, successfully run the Business succession education training program for business owners and potential successors (entrepreneurs, students, graduates and others).

During 3 days trainings participants deepened their knowledge on three important business transfer aspects: • “Financial optimization in business transfer processes”, lectured by Mr.A.Kapitanovas, experienced tax advisor; • “Determining the competitiveness of companies and developing strategies”, lectured by well-known business consultant Mr.N.Jasinavičius, and • “Legal environment and business transfer logistics”, presented by the law firm Sorainen partners Mr.S.Butov and Mr.K.Adamonis. Participants could choose particular one day training or could attend all trainings. To allow more participants to attend the trainings and decrease the risk of COVID-19 spread, the trainings where also broadcasted online. All registered participants received the certification of attendance form the Vytautas Magnus University’s Prof. Mr.V.Navickas. The success of the pilot trainings of such nature in Lithuania, proved that business transfer topic is of high importance for matured entrepreneurs and business founders, as well as interesting for potential successors.