Setting up a partnership business entity has its pros and cons, depending on your business. KL Management Services balances and compares the pros and cons of a partnership business entity, and why choose this.
What is a sole proprietor business? KL Management Services explains what does it take to register your business entity as a sole proprietor, as compared other business entities such as Private Limited (SDN BHD) or Partnership.
In recent months, I have been approached by many of my business contacts and friends, asking me about closing a Sendirian Berhad (private limited company). More often than not, these entrepreneurs were expecting me to give them a very simple and cost effective solution. To their dismay, some got worried and others were felt threatened with the amount of time and effort required to close a company, let alone the cost and conditions for company closure.
An effective CFO plays a number of important roles within the entrepreneurial company that are essential in providing a strong financial foundation for a growing business. Learn more about KL Management’s CFO services.
While profitability is needed for growth, cash flow is the lifeline of a sustainable business. Therefore, strong credit control is required for mitigating risk while debt recovery is required for cash flow adequacy, regardless for operational purposes or purchase of supplies. Our professionals will definitely be able to minimise your company’s debt delinquencies.
Directors’ responsibilities these days are getting heavier, with various amendments to the Companies Act 1965 and other statutory requirements. Secretarial services these days are no longer record keepers for companies, rather advisors, to the management team to ensure total legal compliance.
With the world currently emphasizing on corporate transparency and governance, the fundamentals of proper accounting records and document traceability is of utmost importance. This is further emphasised by the government’s recent enactment of Tax Audits and Investigations on companies by rotation. We at KL Management Services will provide satisfactory solutions to ensure reporting compliance and transaction traceability.
