Identify if a business is family owned

Wenalyze has developed an algorithm that allows to identify if a company is a family business, just by entering the tax number, regardless of its size and turnover.

More than 90% of Spanish companies are SMEs, which generate around 70% of all jobs in Spain. Within this fabric of small and medium sized companies, family businesses are of paramount importance in the Spanish business tradition, and have very specific problems and challenges.

Wenalyze has developed an algorithm that allows to identify if a company is a family business, just by entering the tax number, regardless of its size and turnover.

This is why Wenalyze provides the sector with a tool that allows the identification of key data to understand how the company is managed and how to approach business continuity.

With all this, it is possible to design ‘tailor-made’ financial and insurance products, as well as to manage their risks more effectively, thus promoting a greater loyalty of these companies to the services that ‘insurance companies’, financial entities or any other type of company can offer them.

The Wenalyze website offers the possibility of trying out this and other startup services: https://www.wenalyze.com/en/solutions/

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