It is my duty it is the general interestThis old term seems to become barely audibleOther voices could be heard yesterday to call for government interventionBut in his eyes the latter is manageableAnd sewn together all of this is a comedyFor the rest most of the building remained openThe geographic expansion is another issueAll committees or commissions we have openMittal is not the first global steelmakerAnd above all it has already been provenWhat is the weight of more than 55 years in the universe of the purchasers Their profile
In the CRA, more than 50 years represent approximately 25 of the purchasers, a little less then for over 55 years. Two categories are distinguished among those 55 and older. On the one hand, those who have never frankly thought to create or return to a company, but who are suddenly when they are end-of-rights Assedic. In General, I invite them to caution: buy a business, do not buy a contract of employment. Without true entrepreneurial motivation, the risks of failure are great. 55 Years, getting into debt and lose everything is even more dramatic than for other young entrepreneurs as the margins of manoeuvre to are reduced. The other major category of purchasers, the majority are people who had a career, for example frameworks in a large group. Resume meets their desire to speak to their account.
What are the strengths of more than 55 years who wish to return to a company
First and foremost, of course, the experience! They have the habit of manager team. Also, the recovery company employees more readily accept a senior buyer that a younger. Similarly, the dialogue with the assignor may be easier: with less age difference, they are more on the same wavelength. The grantors are often reassured about the continuity of their business by these mature candidates. Finally, the purchasers more of 55 years generally have an addressbook set up, which will be valuable to develop the company, find new clients, etc.
What are their weaknesses
At this age, it is often less adaptable to a new profession, so I advise to resume if possible in a very similar field of professional experiences. Similarly, the purchasers more of 55 may be less in step with new technologies and will therefore be less inclined to modernize the recovery business. Finally, the bankers can be afraid, and insurance: at this age, the health risks are higher.
What advice give a future senior buyer
First of all, choose a company in a fairly traditional, close to the environment sector, the extension of his career. In addition, even if at this age the purchasers often have greater financial means, I recommend do not invest, not to for example bail his principal residence to not endanger its future retirement. It must also be aware that the economic upturn, it is a "re-creation": the purchasers have to disaster if they leave the company displayed limited vibrancy without seeking to develop. The recovery is not a retirement or sinecure! Finally, even with good professional background, training should not be neglected. Resume a SMEs with 20 employees requires special skills. Former executives that had led to mergers and acquisitions for their group are very surprised to see how the recovery is different. In the CRA, we propose therefore very concrete training because courses management components are here for nothing. However, modules on the LBO, the financial diagnosis of the company target, financial, legal and tax arrangements are precious!
