The Lazarus Motor Company, headquartered in Centurion, Tshwane has grown from small beginnings in Bronkhorstspruit 60 years ago.
KEEPING IT IN THE FAMILY
The Lazarus family has been involved in the South African retail motor business for over 60 years with the fourth generation of the founder, Reggie Lazarus, having joined Lazarus Motor Company in recent years to continue the family tradition of providing outstanding service to satisfied customers in line with the company slogan: “We lead. Others follow.”
The Lazarus family is certainly unique when one looks at statistics around family businesses where it is reported that only 30% of these businesses last long enough to be passed on to the second generation. Statistically only 10% of family businesses survive through the third generation.
The fact that the family involved with the Lazarus Motor Company is now in its fourth generation singles them out as a family with an amazing bond and commitment to an ongoing challenge in an increasingly competitive business environment.
WHAT ARE THE BENEFITS OF A FAMILY BUSINESS?