Personal Finance. Small businesses and extra incomePhoto by Heidi Gilbert on Pexels
Business

Personal Finance. Small businesses and extra income

SAPO Notícias28 August 2026 at 11:05

The family protocol is a tool used in the management of small family businesses, establishing rigorous rules for the organization and functioning of the business.

This document defines the sharing of functions between each branch of the family, clarifying the responsibilities and tasks assigned to each member involved in the business activity.

Furthermore, the family protocol establishes the future projects of the company, outlining the strategic vision and development plans for the medium and long term.

The document also regulates the authority in the succession process, guaranteeing an organized and transparent transition when leadership passes between generations in the family activity.

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