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Enterprise and Supplier Development

Beside from the development of a more effective leadership structure, SMEs can derive other significant benefits from good corporate governance measures. These include:

  • Added credibility and enhanced reputation.
  • Better management of cash flow and adequate cash forecasting.
  • Access to capital and loans on better terms.
  • The ability to attract talent for employment and improved succession planning.
  • Improved access to customers and market share.
  • Better positioning to capture business opportunities.
  • Better fraud prevention due to improved controls.
  • Innovation and improved collaborative initiatives.
  • Better management of the risk of conflict in family businesses.