The NextSMEs project has taken a significant step forward by launching its new training and resource materials tailored for family-led small and medium-sized enterprises (SMEs). These materials are designed to address the unique challenges faced by family businesses, including succession planning, governance, and financial management.

The journey to success for family-led small and medium-sized enterprises (SMEs) requires a unique approach that prioritizes sustainability, adaptability, and generational continuity. Unlike conventional businesses, family SMEs face challenges such as succession planning, internal conflicts, and financial constraints. By focusing on tailored strategies that address these specific needs, the NextSMEs project paves the way for family businesses to…

Family-led small and medium-sized enterprises (SMEs) are the backbone of Europe’s economy, representing nearly 60% of all businesses and playing a critical role in employment and growth. Despite their significance, these businesses face unique challenges, such as succession planning, financial sustainability, and…