Flavio Maluf is the son to Paulo Maluf, born in December 2nd, 1961. He is a Brazilian businessman with a degree in mechanical engineering from Armando AlvaresPenteado Foundation (FAAP). But due to the love of becoming an entrepreneur, Flavio shifted to business studying full time. He is the president of Grandfood the parent company to premier Pet and Golden feeds, also the CEO and VP president of Eucatex. He joined Eucatex in 1987, with full of experience in the trade industry having worked in various sectors. Read this article of Flavio Maluf at Business and Economics.
There are many factors which may cause a business to fail, one of the reasons being tax burdens imposed by the government. To Succeed, therefore, becomes an uphill to many entrepreneurs although Flavio Maluf shares some suggestions on how to minimize the impact of taxes on Brazilian markets. He proposes the Fiscal Inventive Laws which will help companies to direct some of their taxes to support health, social, and cultural programs rather than the money going directly to the government.
This approach will help companies to strategically plan how to spend their fund instead of leaving that duty to the government. The results will leave a positive impact on the society that can be used to attract more customers also improving the company`s image. Granting tax incentives and decreasing tax burden through tax reduction, compensation, and exemption to specific companies will stimulate the success of this companies. Companies will be able to create more job opportunities, and then reinvest the surplus within the organization.
In addition to tax incentive, Flavio Maluf understands that entrepreneurs have roles to play too. They should have strong ambitions to stay focused as the ladder to entrepreneurship is not easy. Entrepreneurs should recognize existing limitations which may prevent business from succeeding and find positive ways of encountering them.