Make sure you have the right safeguards in place

There are so many different aspects to creating a successful start-up enterprise that straightforward tasks such as a corporate governance structure may be overlooked in a company’s start-up phase

Gríana O’Kelly, Lavelle’s Solicitors

Budding entrepreneurs need to ensure that their start-up has effective corporate governance structures in place, or otherwise risk the chance of multimillion-euro fines or criminal prosecution.

There are so many different aspects to creating a successful start-up enterprise that straightforward tasks such as a corporate governance structure may be overlooked in a company’s start-up phase.

However, it’s vital that corporate governance is examined in the early stages of business development, as it is ...