Sign Corporate Governance Charter Made Easy

Sign corporate governance charter

in this video we will address some common questions around corporate governance on average managers and business owners globally spend nearly 3 hours per week dealing with internal conflict this amounts to approximately 400 billion dollars in unproductive paid hours the cost of internal dispute and mismanagement can be disastrous for businesses having a proper corporate governance framework can help prevent a lot of these issues what is corporate governance corporate governance is a set of internal documents and policies via which the corporation governs itself it enables a corporation to in-state its own policies and laws to its stakeholders and employees this prevents frequent disputes between stakeholders and clearly defines everyone's responsibilities and liabilities some people say we already have our internal documents drafted do we still need a corporate governance framework well the answer is yes your agreements may have loopholes you aren't aware of your business may have liabilities that you aren't aware of oftentimes standard internal documents that businesses maintain such as sha s mo A's and employment contracts are prepared using default templates and without seeking legal counsel this not only leaves loopholes for error but also does not tend to specific interests in criteria that that business may have we review them from a legal standpoint and help amend loopholes and errors several other documents such as the corporate manual board charter HR manual and hierarchy matrix are drafted to create a proper governance framework what are some of the benefits of good corporate governance there are several benefit prevent X employees from stealing IP clients etc get timely payments from clients prevent internal conflict ensure that your employees and stakeholders have a common objective prevent unwanted liabilities for your company streamline all internal processes and communications what sort of companies require corporate governance businesses of all sizes and types must have a thorough corporate governance framework though we recommend it to be mandatory for companies with more than 50 employees that have been in business for more than three years our deal with more than 15 clients a year what are the costs involved depending on the size of your business this process could take anywhere between 2 to 12 months to fully document and implement we charge a standard retainer fee for the necessary time period payable on a monthly or quarterly basis please contact us at 970 1 509 9 1 908 one vehicle or whatsapp for more information [Music]