Today, entrepreneurs running small-to-medium sized businesses face daunting tasks that just a few years ago were not existent. The complexities of the business world have created new risks, a myriad of regulations, and complex reporting requirements that can overwhelm any organization. Owners and managers of all enterprises, even smaller private businesses, need to be cognizant of both the spirit and the letter of the law. How does a smaller organization, with limited resources, cope with all of this? How do they stay abreast of the additional changes that are on the way? In this guide, Pete Russo of the Entrepreneurial Management Institute at the Boston University School of Management outlines the pitfalls and steps, but also looks at effective solutions for private companies.
business letter to customer of new ownership
The complexities of today's business world, however, have created new risks, a myriad of regulations and complex reporting requirements that can overwhelm a lean and focused organization, regardless of its size. While there has been considerable discussion concerning the legislative intent surrounding the impact of SOX requirements on private businesses, there is no doubt that owners and managers of most enterprises, even smaller private ones, need to be cognizant of both the spirit and the letter of the