Going through an M&A process is worth more than an MBA
It’s not necessary to say much to summarize the current scenario: high interest rates, scarce credit due to the Retail crisis, international scenario in monetary contraction…
It is also nothing new that here in Brazil, businesspeople have learned to cope in the face of so much volatility and uncertainty. In this sense, BNDES or FINEP funding lines are another alternative source of capital for medium and small companies to position themselves. To access this type of resource, there are two fundamental elements for success: patience and organization.
Do you know the success rate in family succession of Brazilian companies for the second generation? 30%. For the third generation? Only 15%, according to data from IBGE and the World Bank.
Family businesses are the most common structure of business organizations around the world. Big brands had a family origin, like Samsung for example. And we also have national examples, such as Grendene, Votorantim and Weg. In addition to the strength of these brands, successful family businesses seek to leave a legacy built over time and apply their family identity and culture to the company.