Jurand's Commercial Law area is characterized by the wide specialization and experience of its professionals in advisory operations and operational actions in the field of commercial companies, both nationally and internationally.
One of our main lines of action is focused on the family business and, specifically, on the preparation of the Family Protocol, with which companies can establish mechanisms in order to avoid future conflicts in the management of the company.
Family Protocol, the 'lifeline' that hundreds of companies cling to
Although it is not easy to establish a list of standards within a company, it is even less so when it includes family members as employees. However, the Family Protocol appears as a preventive way to alleviate roughness, being the best method to follow to set criteria to follow.
Family Protocol becomes the healthiest way to manage a business from its inception, and it anticipates any contingency that may arise. With this, what he wants to make evident is the good work of the family members, since, although there are a multitude of possible sanctions, the objective is to solve a problem without the need to break ties.
As an entrepreneur, there is a tendency to think that the Family Protocol only addresses the need to avoid quarrels between members of a society. However, it goes a little further, since its true objective is to foresee what cracks can fracture the company.
We could say that it is a ‘tailored suit’ for the company, since it is the family itself, convinced of the benefits it brings, who freely decides to undergo this process to favor and enable generational change.
In this sense, the Family Protocol is aimed at avoiding the fragmentation of the company and favoring its future. In addition, there are various testamentary mechanisms to guarantee the continuity and control of the family company, as well as to avoid, as far as possible, conflicts between the plurality of heirs who share rights.
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