How To Get Governance & Compliance Right as a Start Up/SME

The knowledge series was created by Boxplay Ventures, an Accra based Start-up & SME consultant and venture builder. Boxplay is passionate about supporting entrepreneurs and building the entrepreneurial and innovation ecosystem in Ghana and on the continent.

The LinkedIN and Youtube Live event series aimed at exchanging insights and contextual knowledge in the African entrepreneurial and venture building ecosystem based on real needs of entrepreneurs, ecosystem enablers and investors that we encounter regularly in the course of our work. We discuss the respective thematics in depth with experts and practitioners.

Episode 3 – How To Get Governance & Compliance Right as a Start Up or SME

This topic addresses a crucial aspect of running a startup successfully because navigating the complexities of governance and compliance can be overwhelming. As such, this event would provide valuable insights, best practices, and practical advice on how to establish strong governance frameworks, ensure regulatory compliance, and mitigate potential risks. It is essential for startups to understand these aspects to build a solid foundation, gain trust from stakeholders, and set themselves up for long-term success.

This discussion aims to:

• Provide valuable knowledge and awareness on governance and compliance requirements specific to startups and SMEs which is crucial for avoiding legal pitfalls.
• Provide insights on how to establish credibility and build trust with potential investors, increasing their chances of securing funding since investors often prioritize businesses that demonstrate strong governance and compliance practices.
• Discuss governance and compliance measures and strategies entrepreneurs can use to optimize internal processes, reduce inefficiencies, streamline business operations and enhance overall performance.
• Discuss how to establish solid foundations for business growth, ensure ethical practices and maintain positive reputations in the market.