"Corporate governance is crucial for effective business management, as it ensures that companies operate with transparency, accountability, and ethical practices. One key but often overlooked role in this framework is that of the Company Secretary. The Company Secretary is not just an administrative officer but also a key player in enhancing governance structures, compliance processes, and board effectiveness. Discover the vital functions of a Company Secretary in this insightful article, designed to guide you in assessing the necessity of having one for your business.
A family office is a private wealth management advisory firm designed to serve the complex financial needs of high-net-worth individuals and their families. Beyond traditional financial planning, family offices offer a comprehensive suite of services, including investment management, estate planning, legal services, lifestyle management, and philanthropy. This guide explores the benefits of family offices, their various structures, and why they are essential for preserving wealth and ensuring a seamless transition across generations.
In Ghana, share certificates and company registers are essential tools for maintaining corporate transparency and compliance. Share certificates confirm ownership of shares and must be issued within two months of share issuance, as per the Companies Act 2019. The process of transferring shares involves several meticulous steps to ensure legality and proper documentation. Additionally, maintaining detailed company registers—including those for directors, secretaries, shareholders, and auditors—is crucial for effective governance. These practices not only ensure regulatory compliance but also foster trust and accountability within the corporate environment.
In the heart of every boardroom, the board pack stands as the cornerstone of discussion. When the dialogue within these walls seems to lack direction or efficiency, it's often the board papers that hold the key to improvement.
Starting a business in Ghana is an exciting venture, but it's essential to understand the legal requirements to establish your business as a legal entity. The Office of the Registrar of Companies (ORC) is the authority responsible for all business registrations in Ghana. This comprehensive guide will walk you through the process, the types of business entities you can register, and the pivotal reasons why registration is crucial for your business's success.
In today's fast-paced and competitive business landscape, optimizing your board of directors has become crucial for sustainable success. A key strategy gaining momentum is harnessing the power of T-shaped directors and expert recruitment. By strategically selecting and recruiting directors with diverse skill sets, organizations can tap into a wealth of perspectives and insights, fostering innovation, adaptability, and effective decision-making. In this article, we delve into the concept of T-shaped directors and explore how expert recruitment can enhance board effectiveness, ultimately driving long-term growth and strategic advantage.
The role of a board director has become increasingly important in today's fast-paced business world. Board directors face more responsibilities than ever in 2023. The following article examines the five critical roles of a board director in 2023.
The world of business is ever-changing, Boards should ensure that their company has a clear and compelling strategic plan that takes into consideration the short and long-term goals of the business. Based on research and experience, we put together this article highlighting which areas boards should prioritize in 2023.
Cash flow is the lifeline of every business, and for entrepreneurs, one of the first things you need to know is how to generate cash flow with your ideas. One of the quickest ways to increase cash flow, especially when your business hasn’t gained traction yet, is by going to private investors. As a startup founder with little to no experience, securing funding can be daunting. Let’s look at private investors and discuss where to find them.
The Registrar-Department General (RGD) has begun a strike-off assessment of a sample group of firms registered on its website. The purpose of the exercise is to verify whether firms comply with the requirement for inactive companies to file returns by June 30, 2021, or risk removal from the company registry.
