Experience is a valuable resource in helping people facing similar problems. When someone goes through a challenge and finds an effective solution, they can use their experience to help others who are going through something similar. This is especially important in the business world, where many companies face financial and management difficulties.
Businesses facing financial problems can seek help from a variety of sources, including consultants, lawyers, and financial experts. However, the experience of someone who has been in a similar situation can be invaluable. A person who has been through a business recovery can offer insights and advice that can't be found in books or business classes.
Recovered companies are a good example of how rewarding the experience can be. These companies were able to overcome financial and operational difficulties, which means they have practical knowledge of how to deal with these challenges. According to data from Serasa Experian, the number of companies recovered in Brazil grew 15.1% in 2020 compared to the previous year, totaling 1,539 companies.
These recovered companies can help other companies that are facing similar difficulties. For example, they can share strategies for dealing with cash flow problems, reducing expenses, and improving operational efficiency. These companies can also provide guidance on negotiating with suppliers and creditors, as well as dealing with judicial and extrajudicial recovery processes.
Furthermore, recovered companies can also offer emotional support and motivation. Business owners who are facing financial and operational difficulties often feel isolated and discouraged. Hearing the story of a company that overcame similar challenges can be a source of inspiration and motivation.
The importance of experience in helping companies in difficulty is clear. After all, who better to help than those who have faced the same challenges and overcome similar obstacles? Recovered businesses can provide valuable insights, practical guidance and emotional support, helping other businesses overcome their challenges and grow.
