https://www.proz.com/kudoz/spanish-to-english/business-commerce-general/234876-sucesi%C3%B3n.html

Glossary entry

Spanish term or phrase:

sucesión

English translation:

succession

Added to glossary by Paul Edgar
Jul 13, 2002 17:15
22 yrs ago
7 viewers *
Spanish term

sucesión

Spanish to English Bus/Financial Business/Commerce (general)
This term has come up in the glossaries, and the concept is perfectly clear, but I'm not sure exactly how to express it. It comes from a questionnaire for owners of family firms. Below are a few examples:
"Tengo en cuenta la importancia de la sucesión de mi negocio, por ello dedico tiempo y recursos a la planificación de la misma."
Great, but would "handing down" sound too informal in this context? If not, does anyone have any other suggestions.
Many thanks in advance,
Paul

Proposed translations

+6
2 hrs
Selected

succession (planning)

I know from personal experience that in Human Resources, succession planning is a commonly used term, and it seems to be the same for family-owned businesses. Have a look:

Succession planning for family-owned businesses — Making the tough calls

Ninety per cent of all businesses in Canada are family run, yet ***succession*** of these businesses often just happens rather than being planned. Some 70 per cent of family-run businesses never make it to the second generation and a surprising 90 per cent never see a third generation despite the genuine desire by most owners to see continuation in the family.

Succession Planning for the Growth-Oriented Family-Owned Business
Abstract

In a family-owned business, advance planning is often the force that can bind the family through the generations. Succession Planning for the Growth-Oriented Family-Owned Business, written by Joseph Blum, an insurance planner for MassMutual, and the founder of the Northeastern Center for Family Business, offers information and advice on planning for the future.

Passing the torch to the next generation in a family business is often not an easy task. The senior generation must decide who is most competent to run the business, how stakeholders' interest should be taken into account and when the ***succession*** should take place. Many business owners have a difficult time giving up control, especially if they are unsure that the business is being placed in good hands. Blum discusses how different succession plans can allow business owners to maintain control while letting go at the same time.

You'll find plenty of other refs. at http://www.google.com/search?hl=en&ie=UTF-8&oe=UTF-8&q="succ...
Peer comment(s):

agree rhandler
3 hrs
agree Сергей Лузан : I´d rather use "continuity", Cindy Chadd. My answer is below.
13 hrs
agree Lia Isaacs
20 hrs
agree Tania Marques-Cardoso
23 hrs
agree Russell Gillis
1 day 7 hrs
agree Rosa Garcia : mrsrag1981/succesor maybe..
1 day 8 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks to everyone for your suggestions....and especially to you, Cindy, for the info and the great links you included, which have helped me a lot. I was wary of using "succession" at first because it sounded too much like a direct translation, but clearly it is used in this context. Many thanks, Paul"
+1
3 mins

"handing down" seems fine to me

HTH
Peer comment(s):

agree Сергей Лузан : Both to me as well as to 4. Collins Spanish Dictionary, ISBN 0-00-470-295-6, 19. New English-Russian Dictionary (3 vol.) 250,000 words ISBN 5-200-01849-8 and many others.
15 hrs
ty Sergio
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+1
6 mins

continuance of business

he doesn't want his business to be interrupted...
Peer comment(s):

agree Сергей Лузан : I´d rather use "continuity", Pat.
15 hrs
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+3
22 mins

continuation

could also be handing down but one would have to ask the speaker...
Peer comment(s):

agree Paul Mably (X)
2 hrs
agree Denabobina
8 hrs
agree Сергей Лузан : I´d rather use "continuity", Jane Lamb-Ruiz.
15 hrs
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1 hr

legacy

an option
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15 hrs

Try "continuity"

if you are inclined to.
Good luck with idioms, Paul Edgar!


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Note added at 2002-07-14 08:52:41 (GMT)
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Re.: New English-Russian Dictionary (3 vol.) 250,000 words ISBN 5-200-01849-8
Russian-English Dictionary over 160 000 words & expressions
ISBN 5-200-02419
11. Oxford Advanced Learner\'s Dictionary of Current English by A. S. Hornby ISBN 0 19 431101 5.
8. The Random House Dictionary, ISBN 0-394-51200-6.
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1 day 17 hrs

(... to the) family succession (of my ...)

If the writer/speaker is referring to the fate of his/her business after death and is referring to the provisions of his/her will (i.e. last will and testament, "inheritance" (ie. "... the inheritance of my ...) could be one way of putting it.

"Handing down of my ..." could imply the transfer of the business before death or at retirement -- but is a bit vague.

"Handing over of my ..." need not imply death or old age, but is also rather vague -- it need not be to a family member.

"Family succession (of the business)" adds an English word which is only implicit in the Spanish text but might at least result in an accurate translation of the intended sense of the original. And it need not imply (but could include) a will or other document.

I hope you find the phrase you need.
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