In ASEAN, like any other jurisdiction, good ideas always attract capital however statistically, over eighty five percent of all startups fail in the first 5 years of operation due to low cash flow and little or no market need. Finding a solution to a big problem which serves vast numbers of people ensures success in any new venture. Furthermore, failure can be mitigated by crafting a considered strategic business plan, research, due diligence and scale of concentration no matter how big the venture will be. Planning ahead requires thinking through what could go wrong and is essential to risk management. It costs far less financially than failure, protects reputation and gives peace of mind.

Legal risk is everywhere, is not well understood by business and there is a surprising lack of confidence in knowing how to prevent it.  Managing risk effectively is at the core of any great business which can make the difference between failure and continuous market growth. The key to doing it well is identifying where it comes from, assessment, management and establishing mitigation strategies against the potential financial cost imposed due to litigation and regulatory fines.  With this at the forefront of our minds, we will help you carry out a risk audit, stress test your processes, review your compliance systems and assist in establishing the strategies so your business thrives.

Also, it is important to keep in mind each country has it own distinct business culture, regulatory and political systems will establish your structure and compliance systems with the end game in mind. If you want to know, lease do get in touch.