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Governance Signature
Corporate governance is as vital to SMMEs as it is for large corporations. Implementation of cost-effective and simple mechanisms and processes will establish structure, improve operations, contribute to business growth and ensure effective compliance with the law
Governance
Create simple internal policies such as a code of conduct that clearly
sets-out duty of care, skill and diligence.
Demonstrate effective leadership characterized by ethical values of
responsibility, accountability, fairness and transparency
Separate roles and responsibilities of the shareholder, director and
manager to limit liability and ensure effective division of labour and function. Consider creating a board of directors
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