Brief about this service
We help startups in implementing governance to achieve transparency and operational efficiency, avoid internal conflicts, prepare financial reports that support securing funding, and develop a comprehensive investor readiness package with all its components.
Service Details
Startups are new business entities built on an innovative idea or a non-traditional business model, aiming for rapid growth and expansion in the markets. These companies typically begin with a small team of founders or idea owners and limited funding.
Startups are characterized by several features that distinguish them from established companies. They operate based on risk-taking and initiative, focus their activities on innovation, and prioritize rapid growth (Scalability) over immediate profitability. They operate in an environment of uncertainty, continuously evolving their business model and re-exploring their markets, which gives them a high capacity for quick learning and adaptation. They rely heavily on financing from investors. Additionally, their organizational structure is flexible, simple, and has few management levels.
However, the startups’ pursuit of flexibility and speed may negatively impact their internal organization. They often face an ineffective organizational structure, and their decision-making system relies on trust, lacking formal systems, regulations, and procedures to define relationships, responsibilities, and leadership pathways. As the company grows, these issues escalate into conflicts among the founders, affecting the company’s continuity and hindering its ability to expand and attract investments.
Therefore, startup governance becomes a necessity for survival and growth. The need to establish early institutional foundations protects the company from collapse due to internal conflicts, makes it more attractive to investors, provides an organized work environment that supports innovation and growth, and ensures clarity in roles and transparency in decision-making.
What we offer?
We offer startups a service to establish an early governance system that suits the nature of this type of company, characterized by speed and flexibility. We start by understanding the founders’ goals and vision, as well as their decision-making system, through in-depth interviews and analysis of the current structure to identify weaknesses and potential risks, such as role overlap or the absence of accountability and control mechanisms.
Based on this assessment, we design a flexible and simplified organizational structure that helps the company achieve its growth and rapid expansion goals while reducing the likelihood of future conflicts.
In the next step, we develop organizational policy and procedure manuals for financial, administrative, and operational processes.
We establish an advisory board composed of external experts to support the founders in making strategic decisions, and we prepare its operational documents and meeting mechanisms.
We also provide intensive training for the founders and the management team on the principles of governance, transparency, and accountability, ensuring they adopt these concepts in all their activities, positively impacting the company’s reality.
We prepare transparent financial reports to help the company secure funding from investors and develop a Key Performance Indicators (KPIs) system that clearly and professionally shows the company’s performance level.
Finally, we prepare an Investor Readiness Package, which includes the organizational structure, policy manual, and leadership succession plan.
