The unfortunate reality is that many startups fail for reasons including feasibility, market demand, funding, and capability

Limited resources (money, people and time) can mean that governance is not seen as a priority. However, tailored governance plays a critical role in decision-making, risk management, culture-setting and performance monitoring.

From an investor perspective, startups and scaleups can’t be assessed or monitored by the same information as mature businesses as traditional, historical reporting isn’t available. Instead, investors (and companies seeking investment) need to look at performance and risk measures they can rely on at each stage of investment from startup to ‘grownup’.