Attention to SMEs and Family Businesses

The Family Protocol is an instrument that regulates the relationship between the company and the family. From the point of view of the company, a family protocol should help to professionalize the strategic management processes and to institutionalize the basic values of the family in the company. From the point of view of the family, a family protocol should help to promote the unity and harmony of its members, to professionalize them as business owners and to preserve in the family the values ​​that make companies strong.

In this sense, it must be understood that the Family Protocol is a free and voluntary agreement, whose successive ratification over time binds the parties involved. However, a Family Protocol is not intended to be a shareholders' agreement, nor a public deed that civilly binds the signatories, but basically a family agreement with moral force.

The Family Protocol is an important tool for Family SMEs to consolidate and remain in the market. Without pretending to be the solution to all your problems, it does provide substantive elements that favor consolidation with a development, growth and permanence plan with explicit rules of the family-company relationship and with the integration of strengths of family members aimed at a common goal.

To support Family SMEs in the development of their Family Protocol, La Salle University trains Consultants who specialize in it, helping the business family to define rules that guarantee the permanence and development of the company through a clear succession plan and the foundations of corporate governance.