For a private company that wants to go public, putting best governance practices into action will make the IPO process go smoother and will prepare the board of directors for the rules and regulations to come. Read this blog for five governance best practices that will get you started on the right foot.
Private company executives face high demand from their boards of directors to report data that will drive critical business decisions. This call for greater transparency and deep analysis puts a significant burden on typically lean teams. Below we outline a few pitfalls of investor and management reporting and provide an alternative to streamline the process.