Up to 2.8 million European jobs could be secured if the transfer of businesses from one owner to another were adequately supported, according to Eurochambres, the umbrella group representing chambers of commerce.
There is concern that focusing solely on creating new businesses could ignore the importance of protecting existing companies.
Every year thousands of small firms – often family businesses – disappear because there is no one to take up the reins.
To read the full, original article click on this link: Business transfer 'could save millions of jobs' | EurActiv
Author: EurActiv.com