Governance initiatives for SMEs are vital

As the year begins, the primary focus for the majority of small and medium-sized businesses will be on managing the business, writes Maura Quinn.

27th January, 2013
There is a number of simple governance initiatives that can offer significant value for a business.

As the year begins, the primary focus for the majority of small and medium-sized businesses will be on managing the business and achieving profitability in an environment that presents many business challenges and constantly changing risks.

Corporate governance, therefore, may not be high on the list of priorities. Yet by implementing governance practices, SMEs can make their business more resilient and better able to anticipate risks and changing circumstances in the year ahead which, in...

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