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and protection of family business assets

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WE ARE FRANZIM LEGAL CONSULTING
Why a family should organize their assets and be concerned with
the succession planning of their company
90%
of shareholders consider that the next generations are not yet prepared to participate in company management.
2/3
of business families counts with an external specialist to guide them in succession planning.
HALF
of family businesses have a “shareholders agreement”, to assistance the relationship between them and guarantee the company’s stability.
ONLY 40%
of family businesses avoid conflicts that harm the company, through clear business rules.
ONLY 1/3
of family businesses have mechanisms to separate the family’s heritage from the company’s asserts.
70%
of family businesses do not have succession planning for their managers
Source:
KPMG Board Leadership Center. "Family Portraits. An overview of the governance pratices and perspectives of Brazilian Family Businesses". Survey 2018/2019 – 3rd Edition IBGC. Governance in Family Business: Brazilian Evidence. São Paulo, 2019.

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