Nowadays, the business climate in Brazil is growing but at a cost. The fact of the matter is that it takes much longer here to start up a business when compared to the United States. This is according to World Bank Information, the average time it takes in days to open a company in Brazil is 107 days whereas the United States takes only five days. What takes a greater toll on the business owner is the fact that if you need specific certificates or regulations, the process even longer than the previously stated 107 days. Of course businessman Flavio Maluf surely hopes that this hindrance to business owners and entrepreneurs will change sooner than later. Visit barbacenaonline.com to learn more.
Some believe that the process is made easier by opening a venture with a completely new and innovative idea, which is not completely true. The novelty will of course make you stand out, but in reality success simply comes down to having people willing to pay and consume the product that you are trying to sell. Flavio Maluf has recently explained how business between his company Eucatex and Duratex will do business. Eucatex will trade its farm in exchange for a production line of thin wood sheets. This plant in Botucatu currently has 280 employees, and they are estimating a production yield of 200 thousand cubic meters.
As he has said many times before, Maluf states that any business should be approved by CADE. He goes on to mention the increases in production, where fibreboard will increase by 70%, paint capacity by 30%, and paper printing by 40%. Not afraid to share the truth about business and all that it involves, Maluf states that no one should open a business without some sort of viable financial planning. Without planning, there is no way of ensuring success or even a way of moving forward with even the greatest idea. He goes on to say that the market, while constantly changing, has many investors who look for the best ideas and those who can execute said ideas the best. Let’s keep an eye out for these updates as news will be posted in the coming days with any updates or changes. Read more: https://www.bloomberg.com/research/stocks/people/person.asp?personId=44205717&privcapId=877352