Regardless of business size, governance is a strategic management tool for entrepreneurs. Check out a list of topics that can make a difference in your business results.
How should the management of a company be managed? How do processes, customs, and policies influence the organization’s sales, relationships, bottom line, and growth? Endeavor Portal has listed six tips from our columnists and contributors for you to discover step by step how to implement good corporate governance. The essentiality of the governance training is there now.
Being efficient is no longer enough
Fundamental to the business, risk management is as important as the efficiency of your team. Failure to do so can lead to fraud and incidents in various areas of the organization. Expert tips, with examples of typical risks that may come true in the event of inefficient management.
It doesn’t matter the size of your business.
Professionals explain why it is essential to apply certain management practices, regardless of the stage in which your venture is.
Mitigating risks attract large customers.
For experts, large customers are increasingly interested in knowing if their suppliers have a sustainable production process, if they respect social and environmental rules in operations and if their management is based on principles of transparency.
Nothing is more valuable than the guidance from those who have been through what you are going through now.
Be based on strong principles and values.
Transparency, fairness, accountability, compliance and corporate responsibility are essential. In an online column by experts, find out how to ensure a defined set of principles.
Acquiring a ready-made business to grow it usually poses less risk than starting a business from scratch. If you know how to select the right company to invest your capital in and take some care in the acquisition, you will surely have many advantages over starting a startup from scratch.
There are many reasons that lead the investor to acquire a particular company, either by the potential for growth or improvement, market opportunity, etc. If you are intent on entrepreneurship and want to understand the business buying process and how to make the right selection, follow our tips throughout this article. Here you can find out which key points to keep in mind when investing in a company.
What do you need to know before acquiring a business? Do you know that Brazil is among the top ten entrepreneurial countries in the world? Well, this gives rise to countless opportunities to acquire companies with high growth potential. However, first of all, it is necessary to take some care. Here are some things to watch out for:
It is important to know if your skills are aligned with the activities performed by the company. It’s not enough to just find the business promising, you have to imagine yourself leading the organization.
In addition to talking to the current owners of the company, they also seek the opinion of employees, suppliers and customers.
Ask a professional to help you find out if she has debt and how much. Also, it is important to get negative certificates from FGTS, INSS, IRS, state, etc. It is best that you negotiate debts at the time of purchase, not after.