28.06.2023 Know Your Customer, or KYC, refers to the process that regulated businesses and financial institutions undertake to verify and gather information about their clients or customers. KYC procedures are a crucial component of anti-money laundering (AML) and counter-terrorism financing (CTF) efforts, as they help identify and mitigate the risk of financial crimes. The primary…
21.06.2023 Writing a winning business plan involves careful research, strategic thinking, and effective communication. A traditional business plan format is very detail-oriented and holds a comprehensive plan. When writing a business plan, ideally your follow a plan outline however you don’t have to stick to the exact format but rather use the sections that make…
14.06.2023 Thinking about starting a business? There are a few common mistakes which can easily be avoided by every new business owner and entrepreneur. Commencing a fresh business venture can bring excitement and fulfilment, yet it may also present challenges and feelings of being overwhelmed. Numerous aspiring entrepreneurs encounter common pitfalls that can impede the…
08.06.2023 A typical organisational setup within a company consists of different departments that contribute to achieving the company’s overall mission and objectives. Having a well-defined corporate structure ensures that employees are aware of their reporting lines and the individuals they rely on to fulfil their work responsibilities. Over and above this, corporate structuring also involves…