Let's Chat is a series of publications designed to provide private business owners with our perspective on a range of different topics that have come up through our own discussions with our clients. We aim to provide private business owners with an understanding of how we can assist them in solving different problems related to various relevant topics.
In this issue, we go into the digital space and touch on crime and security; finding smarter, and better, ways to deal with governance issues and managing increasing business and compliance risks.
Family businesses are the backbone of most economies and PNG is no exception. However, historically most family businesses have few, if any, formal governance procedures and structures in place for either the business or the family.
As more pressure is put on companies to demonstrate their environmental, social and corporate governance (ESG) credentials, our PwC global survey indicates that family businesses are not assuming the leadership role they could, in the area of ESG.
As PNG adjusts to the new normal, family business leaders should be asking themselves questions around changes in the market and value propositions.
Following the nation's State of Emergency (SOE) lockdown, we suggest SMEs to focus on four key areas to make their way forward.
Timely and reliable management reporting is important to a business' survival and success.
Planning for the future of the family business can be challenging. Here's what you need to know to help ensure that your next move is a success.
Cloud accounting enables entrepreneurs to access financial information on the go and in real time, allowing them to keep up with the current demands of running a business.
