Vladimir basement biography

A big change to read the opinion: in Russia, the conditions for inheritance of business from September 1 in Russia have come into force of novels about hereditary funds, which is undeservedly discussed in the business community. Meanwhile, the mechanism of hereditary funds provided for by the novel is a worthy replacement of Western trusts and allows Russian entrepreneurs to effectively resolve issues that they had not had to be resolved before.

There was still a sad axiom: the sudden death of the business owner in Russia leads to the fast finals of the business itself. There were few exceptions from this rule. The reason is in the temporary gap provided for by Russian legislation. While the heirs have been waiting for half a year to get into their own rights, flying kite - unscrupulous partners, managers and competitors of the company, as well as lenders - tearing the business into small pieces, so there is already nothing to inherit except debts.

The hereditary fund, if the businessman provided for his institution, begins to work after a sad event after a sad event. The company, therefore, has the opportunity to maintain its assets - and works as its founder ordered. It determines the composition of the managing fund and how they will control the assets, and to whom the income should come. The owner can decide, for example, that all the profit of the company will go to charity or philanthropy.

The Nobel Foundation is an example of a hereditary fund, whose founder made just such a decision. Thus, the mechanism of the hereditary fund, on the one hand, protects the children of the founders from “kite”, on the other hand, protects businesses from children - from the fact that they “walk” the capital formed by their fathers. Of course, we still need to see how this mechanism will be implemented in practice, but he himself, of course, changes the process of transferring companies by inheritance for the better.

Nevertheless, of the companies currently operating in the country, only a small part, as I think, will be inherited. This is not due to some Russian specificity, but with the fact that it is very difficult to objectively transfer the business by inheritance. Few children have the same ability to do business as parents; They want and can continue the family business. In Russia, they do not like to engage in hereditary planning on my observations, Russian entrepreneurs do not like to engage in hereditary planning.

They proceed from the fact that nothing will happen to them for a long time - because most businessmen who founded the company in the X - X are at an active age. Such a shortage of prudence often leads to the death of companies and a difficult situation for the heirs. For example, recently I had to observe how, after the sudden death of the owner of the company, the hired manager brought all its assets in a few months.

The owner’s daughters had to think how to serve large loans. The unpleasant side of the inheritance is that the heirs take over not only income, but also debts - it is worth thinking about this in advance. The hereditary planning is also worth it because this process, when it comes to more or less significant assets, takes a long time. Usually, if an entrepreneur comes to hereditary planning specialists in the company's personal assets management, in the law firm of the relevant specialization, a trust fund, etc.

Of course, the most difficult among them - to whom will be transferred to business management: children, other relatives or extraneous qualified managers? How to protect children from the claims of managers in advance, and vice versa? In most cases, the founder of the business dreams of transferring it to children to management. When children do not show interest in family affairs, he is waiting for them to “grow up”, “ripen”.

If you can’t wait, then he searches for a long time as a trusted manager and prepares a successor out of him, or turns to an institutional manager - an asset management company. However, the transfer of business to "strangers" hands is a difficult path. It requires, on the one hand, a developed market for managing family assets, and, on the other hand, a high level of trust in society.

As you know, the situation with confidence leaves much to be desired, and the supply of services for family companies is not yet wide. Therefore, the most common way to which business owners will resort to who have not found followers in their families are the sale of companies. And the fifth generation can bring culture by culture, laws by laws, but no one canceled intra -family circumstances and human dramas.

It was said that it was difficult to convey the management of the first generation of businessmen to the second, but in the history of European wine -like dynasties it happened that the fifth generation of the heirs “jumped up” from the management, and the ninth went nowhere. In years, it was so not so fashionable to engage in wine, sit in the village that when he received an offer to work in IBM, he went there, not hesitation for a second.But the years have passed, and in the end now he is still managing Papin Chatea.

Our supplier in Barolo complains that the price of the land rose so much, the Americans give so much money for plots in the region that his dad and sister want to sell vineyards, and he wants to continue family business. However, he does not have enough votes, so the land will be sold, continuity will be interrupted. Or the Rolle Cognac - the ninth generation of the family that had patents from Louis Xiy, did not want to produce it, motivation disappeared.

Now “strangers” come to this dynastic production. On the other hand, new family stories are being formed. I know one young dynasty of winemakers - it was founded by the Algerian French, who came to Bordeaux with capital, who bought land and managed to successfully integrate in the historical homeland. Today, the son of this emigrant is our partner managing the wine business.

The daughter after the university worked in a successful champagne house, then returned to Bordeaux and leads several castles of this new dynasty. There is a business, but there is nothing to convey “another aspect of the problem of continuity is a low readiness of a significant part of Russian business assets for any transfer, even within the family, even beyond it,” says Vladimir Romanovsky, founder and director of the Institute for Entrepreneurship Problems.

In any case, when Russian business will seriously deal with solving the problems of continuity, it will begin by creating capital, the expert summarizes. According to the lawyer of Grandmed Irina Brahileva, an inheritance transmission tool, which proved his effectiveness in several centuries - the traste funds operating in the West. They provide capital protection and their disposal in favor of the heirs by the forces of competent managers.

In this regard, as in a number of others, the legal conditions for transferring business from generation to generation have now deteriorated, she said. Ten years without the right to transfer the state of infrastructure to support the family business, including specialized asset management companies, inheritance planning services, trust funds, educational services for potential successors, Alexander Elinson stated in Russia.

And this is an indicator of business readiness to transfer companies: it is low, he believes. There would be a high demand, and the proposal would expand, although, on the other hand, qualified services in this area would help to “ripen” the demand faster.

But those young entrepreneurs who start business today have more chances for the foundation of long-lived companies in Russia, he adds. The process of ensuring continuity has already begun in Russian companies, says Inna Konovalova, lawyer of the Institute of Entrepreneurship Problems: “We are observing the rapid increase in demand for asset restructuring services as a reflection of this trend.” The conversation in the Trinity Social Club club house was a continuation of the cycle of meetings of progressive businessmen behind a glass of wine organized by RBC Petersburg in the form of a Winner club.

Ladoga, the Vino map of the evening, provided the evening.