Every successful business venture seems to have its environment playing a pivotal role in its success. Whether positive or negative, the environment still impacts the outcome of the business venture. However, what exactly makes up the environment a great place to work in would be the government and the society at large. The government has placed stringent policies on businessess so as to ensure that they do not end up exploiting the people all in the effort to make profits. Such strict policies would be the incorporation of taxes on various activities carried out by the businesses. In Brazil especially, maintaining a healthy business is an issue that must be addressed.
For that reason, a famous individual called Flavio Maluf has found it necessary to keep the talk going on. He thinks that it would be fair for the government to take into consideration the businesses well-being just as much as the peoples’. Maluf continues to reiterate that this will ensure that both parties benefit at no expense of the other person. For more information about Maluf, view his crunchbase profile.
Why the Tax Incentives?
The invention of tax incentives doesn’t mean that the businesses can evade taxes, but it merely means that the government can work hand in hand with the business professionals to ensure they conduct their trades efficiently. In turn, the money can be channeled to different social projects that will build the community in many ways.
Breaking it Down
For instance, the Fiscal Incentive Laws encourage the people to invest in projects that may benefit the community in the long run. Such projects include scientific research, technological advancements, and cultural programs. With these laws, the companies will be able to carry out their activities at little costs and thereafter channel the extras to the growth of the community.
Giving is often more fulfilling than receiving. Even for big companies, giving back to the society may often prove to be profitable to the business. This is entirely rooted in the fact that firms will be enabled to attract more clients their way.
Flavio Maluf has been in the industry of business and entrepreneurship for decades. As the president of a leading supplier for construction materials, Eucatex Group, he hopes that his input to the industry will be beneficial to entrepreneurs.
Check out: https://ideamensch.com/flavio-maluf/