Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure FR-1985-1/2542 – measures in France
Country | France , applies nationwide |
Time period | Open ended, started on 01 January 1985 |
Context | Restructuring Support Instruments |
Type | Legislations or other statutory regulations |
Category |
Reorientation of business activities
– Matching/networking |
Author | Frédéric Turlan (IRshare) and Eurofound |
Measure added | 23 June 2022 (updated 29 November 2022) |
Initiated and implemented by the Chambers of commerce and industry and Chambers of craft trades, Transenterprise is a platform for business transfers which offers a package of services to buyers and sellers of companies. The coordinator of the network is the Chamber of commerce of the Auvergne-Rhône-Alpes region. The measure seeks to raise awareness of entrepreneurs of the need to anticipate and prepare the sale of their business.
The measure seeks to raise awareness of entrepreneurs of the need to anticipate and prepare the sale of their business. Guidelines on business transfers are published on the website. Further guidance is offered through access to a network of 400 technical advisers in the Chambers of commerce and industry and Chambers of craft trades and 2,000 notaries, lawyers, chartered accountants and real estate agents. Workshops and network activities such as meetings and exhibitions are also organised.
Users can search by economic sector and activity, depending on the type of company (very small businesses or SMEs). Other search options include turnover, number of staff, price, and location of the company within the 11 regions. The publication of an offer (including support for drafting it) requires a €150 fee while access to the database is free for potential buyers.
From 1985 to 2019, 119,000 offers were published on the platform and 46,300 companies were sold, mainly very small or small enterprises, with a success rate of 38.9%. In 2019, the number of offers published amounted to 6,535 resulting in 1,562 businesses been sold. Sectors most covered are respectively hotels and restaurants (23.5% of the offers), services to individuals (18.3%) and food trade (14.5%). The businesses to be taken over had an average workforce of 3.9 people, representing nearly 24,000 jobs. The website benefits from 50,000 visits per month on average. On average, each month, 270 buyers create an account on the site. There were 6,720 offers published on the website in June 2020.
It facilitates business transfers and increases exposure of both sellers and buyers. Due to its regional dimension it promotes business transfers at a regional level.
However, buyers and sellers may have opposite wishes for disclosure of information on the platform. Some older owners selling off their businesses may be less inclined to use the online tools offered on this platform.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers | Applies to all businesses | Does not apply to citizens |
Actors | Funding |
---|---|
National government
Local / regional government |
Employers organisation
Local funds National funds |
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | Unknown | Unknown |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
Unknown
Unknown
Citation
Eurofound (2022), Transenterprises, measure FR-1985-1/2542 (measures in France), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/FR-1985-1_2542.html
Share
30 January 2023
Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.
Article12 September 2022
Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.
Article12 September 2022
This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.
Article5 July 2022
This article summarises the first policy responses of EU Member States, including those of the social partners and other civil society actors, enabling refugees to exercise their rights under the Temporary Protection Directive.
ArticleDisclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.