Industries

Industries

Agribusiness

Price control and cost increases have impacted the agribusiness industry in the last years. Producers are always in a constant search for ways to be profitable in an environment of economic uncertainty and shortage of supplies necessary for their operations, while struggling to designed the strategy to add more value to their products with the minimum environmental impact.

Energy and Natural Resources

Natural resources businesses are characterized by complex challenges; from obtaining the right funding for development projects at the right time, managing international tax profiles to techniques for managing volatile commodity prices and establishing acceptable risk sharing mechanisms.

Financial services

The banking industry has been forced to address key weaknesses and answer questions about liquidity, risk management, profitability and lending capability, as well as how it treats its customers. Many institutions struggled to survive and are focused on building confidence with customers and planning ahead for futures challenges in an economy which is hyperinflationary with regulated interest rates.

Healthcare

The radical changes in society, the economy, technology and new regulations mean that many healthcare organizations are at a crossroads in their development. They face critical decisions in order to be sustainable, such as whether to invest or divest; or to merge, partner or stand-alone. These decisions are in addition to the day-to-day pressures on services and demands from patients, regulators and clinical standards bodies.

Hospitality

Venezuelan economic uncertainty and intense competition have made that the hospitality businesses to continuously assess and optimize opportunities to grow revenue, minimize risks, improve operations and performance as well as reduce cost in order to remain competitive.

Manufacturing

Manufacturing is a priority industry for BDO Venezuela and this focus enables us to tailor the wide range of services we offer and apply our skills and knowledge to help clients achieve their objectives. We are aware of the problems facing the manufacturing industry and ready to suggest suitable solutions for improving the efficiency and detect opportunities for reducing costs.

Public Sector

We have created a unique professional services proposal to strengthen governments and societies in their goal of achieving a higher quality of life for their inhabitants.

Real Estate and Construction

Today’s real estate developers and home builders are keeping close watch on the economy, specifically the volume and pricing of home sales, the population demand and the new regulations. The numbers in the private sector have been edging downward. Economic uncertainty, stricter bank lending requirements, and purchasing power of the population have contributed to a reduction of construction.

Retail

Retail businesses must work hard to stay competitive in the market, so they can attract new customers and increase profits. Currently retail companies face unprecedented challenges in the form of new sales channels, new technology advances, changes in the economy, and the reality of a consumer with different demands and shopping habits.

Telecommunications, Media, and Technology

The telecommunications, media and technology sector has evolved unrecognizably in recent years. We have witnessed the introduction of instant messaging, the rise of ecommerce, financial technology, app-stores, collaborative economy, bitcoins and video games and e-sports amongst others.