Owners Dilemmas – Exit or Growth? – NEST 360° conference
The NEST360 conference was an event for small and medium-sized business owners who wanted to take their businesses to the next level in 2023. The conference, titled “Owners Dilemmas – Exit or Growth?” was held on February 3, 2023, at the Pécs-Baranya Chamber of Commerce and Industry.
The conference was highly recommended for business owners who had significant growth potential, actively managed their private wealth, want to sell their businesses, or could not further develop their businesses without significant investment. Additionally, the conference covered practical information on business sales, current tax law changes, and wealth management trends.
One of the featured speakers at the conference was Kornél Makrai, the Managing Director of Smart Zebra Solutions Kft. and Director of Grant Thornton. Kornél spoke on the topic of generational change and business sales. He is highly experienced in business transaction services, providing advice to companies throughout the whole process from the initial assessment to the closing of the deal.
Other notable speakers included János Kővágó, the Investment Director at Széchenyi Alapok, who spoke about the role and possibilities of private equity in SMEs during recession. Zoltán Schunck and Dóra Bánfi, both private banking consultants at Bendura Bank AG, gave a talk on banking in Liechtenstein. An expert of BloomHill Kft., spoke about the Development Tax Incentive, which is a less-known tax institution in Hungary.
The conference also featured a panel discussion on the psychology of business sales, with participation from Tibor Bocskor, a businessman-investor, Róbert Krausz, a lawyer, and János Kővágó and Kornél Makrai, this group of experienced experts tried to answer the question: “Exit or Growth?”. The discussion was moderated by András Németh, Managing Partner at NESTLAW.
The conference began with opening remarks by András Németh and András Timár, both Managing Partners at NESTLAW, and Szabolcs Rabb, Secretary-General of the Pécs-Baranya Chamber of Commerce and Industry. Following the panel discussion, there was a break and then a presentation on the Development Tax Incentive, followed by closing remarks from András Németh and András Timár.
After the conference, there was a networking lunch where attendees could meet the speakers and ask questions. The conference promised to provide valuable insights and practical advice for SME owners who were seeking growth or considering selling their business.