LAMBELL CORPORATE SERVICES

Corporate Governance In every institution, there are certain key people who make decisions that affect the entire  organization. They determine the overall direction and purpose of the entity. In terms of governance of a country, the government determine the macroeconomic targets, distribution of resources, fiscal policies etc. When it comes to companies, the group of people whose decision affect the entire company are called the Board of Directors. The board of directors form part of the corporate governance system with the objective of safeguarding the interest of shareholders. Corporate governance is a process of supervision and control intended to ensure that the company’s management acts in accordance with the interests of shareholders. Due to various corporate governance scandals in the last decade, organizations are playing more emphasis strengthen their corporate system more than ever. I will not go into details of the corporate governance system but will touch on im...

Every business in Ghana should be registered at the Registrar General's Department. Registering it means your business is now recognized by law and has the approval of the Government to operate. When it comes to looking for funding from financial institutions or even to open an account at the bank, you will be asked to provide your incorporation documents. There are many other uses of the your incorporation documents. So it is very important to register your company and be given the incorporation documents. You can register your business as a sole proprietorship, partnership, private limited liability, limited by guarantee or a public company. Sole Proprietorship The sole proprietorship registration is quite simple. The following are the information you have to provide: 1. Proprietor's TIN 2. Residential Address 3. Location of Business Click on this to view the registration form for a sole proprietorship Sole Proprietorship Registration Form Partnership...

The world is run by business, and as you can see there are so many businesses around us. Some businesses are left to the Government and others are created and run by private individuals. The motive of private individuals for establishing businesses is to make profit whilst the Government aims to provide social services for its citizens. There are so many businesses you can think of. Examples include, waste management services, catering services, restaurant, lumbering, wholesale and retail businesses, online businesses and so on. Businesses start when entrepreneurs identify a need in a society and come up with ideas on satisfying that need. However, the entrepreneur should satisfy himself that the idea is viable, that is, it can be turned into business and generate cashflows. A viable business idea should have the following characteristics: 1. It should be able to generate cashflows; 2. There should be ready market for the products or services; 3. Resources are availab...