Program to facilitate the transfer of e shop, especially in rural areas, avoiding closing it when the person who carries it goes for retirement.
It is a free program for the user, co-financed by the Government of Aragon and the Official Chambers of Commerce of Aragon, developed by these Chambers.
In this program, technical services are offered both to the retailer who wants to transfer the business and to the entrepreneur who wants to take it.
The transfer of small retail is difficult when the person who is carrying it take over for retirement or illness, especially in rural areas.
As consequence, the store closes even if the business is profitable, and the retailer’s know how is lost.
Since the 2005, there is a program co-financed by the Government of Aragon and the Aragon’s Chambers of Commerce.
The programme consists on offer free technical assistance services both to the retailer who wants to transfer the business, and to the new entrepreneur who wants to take it.
Actors involved:
• Retail SMEs
• Chambers of Commerce
Technical assistance to the retailer who transfer:
• Legal transfer contract advice.
• Economic valuation of the business to transfer.
• Facilitate contacts & dissemination of the transfer.
• Fiscal & administrative procedures
Technical assistance to the new retailer entrepreneur:
• Legal transfer contract advice.
• Feasibility study of business project.
• Training.
• Fiscal & administrative procedures.
Resources needed
Human resources: Own staff of the Chamber of Commerce.
Financial resources: About 50,000 euros per year, through an annual collaboration agreement: 80% financed by Regional Government of Aragón, and 20% financed by Aragon’s Official Chambers of Commerce.
Evidence of success
In the 2015-2018 period, 268 interested people were attended. About one third of the transfers produced.
Difficulties encountered
• Effectively disseminate the initiative for greater knowledge.
Potential for learning or transfer
Key success factors
• Close previous/new retailer collaboration.
• Training & skill of the new commercial promoter.
• Maturity or novelty of the business transferred.
Negative aspects
• Difficulty of access to financing from the new retailers.
• Little benefit if it has to pay transfer fee and monthly rent the new business.
• Less attractive to start in rural areas.
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Tags: Business, Support
