Building a Better Business with A&O Consulting
Words by A&O Consulting
Even with the best economic conditions, great ideas often fail to market because founding members have overlooked some critical aspects of building a successful business. Governance, risk management, compliance and culture are key components of sound decision-making and sustainable long term growth.
The economic fallout of the Covid-19 pandemic has heightened the need to pay special attention to these. Now, more than ever, starting up and scaling up companies need to demonstrate their ability to be agile and resilient, to help gain further funding and secure investor confidence.
Like building a home, from laying initial foundations to final sale, your business will need constant focus in each of the following areas:
Governance – ensuring strong foundations and structures
Risk management– providing protection from the elements and other unwanted intruders
Compliance – installing utilities and amenities that are safe to use
Culture – cultivating the garden and removing unsightly weeds
A&O Consulting provides freely available knowledge resources on these topics via their online portal, which are practical and easy to understand.
They also provide advice and a variety of bespoke services to help in the design and implementation of effective business solutions.
Start-ups must be able to embrace new opportunities as they arise, as well as adapt to changing operating environments as they expand and become exposed to new markets, customers and regulations.
A&O will build lasting relationships with founding teams to help achieve long-term success for their businesses. Importantly, they will help founders get the basics right now and continue to support their business as it grows.
Are you a founder of a start-up or scale-up who would be interested in learning more about how A&O can help you, including gaining access to the free online portal? Please contact aocscaleups@allenovery.com.
The Conduit Connect exists to connect impact-driven founders to the capital, knowledge and networks they need to grow. To that end, we are delighted to work with industry-leading organisations, such as A&O Consulting, to give our portfolio companies access to expert support systems.