Las diversas especies societarias y su aplicación para la continuidad de las empresas familiares en el Ecuador

Abstract

The importance that has taken a family business in the global economy and their worrying statistics that reflect their little growth with a negative tendency to continue over the time, determine the objective of this study, which is: to analyze how the application of the different corporations contribute in the continuity of the family businesses in Ecuador. A descriptive research applied to 380 family businesses, both sole propietor and corporations in Ecuador, show a total lack of knowledge about the issues of the different corporate species, procedures, costs, time and benefits of the legal formalization. Legal persons based on their experience have transmitted the advantages and disadvantages that they have received from the moment they acquired the legal status, showing at the same time a lack of knowledge about the necessary tools that help them solving their family problems that could arise in the future of their business, such as the succession plan and family protocol. Based on this information, a practical business legal manual that includes useful information is proposed, to help businessmen, who want their business to grow, continue and transcend through their family generations, at the time of making decisions.