Compliance: Maintain the Status Quo or Question Everything?

compliance question everythingAt face value, compliance can easily be interpreted as maintaining the status quo, following the rules, and conforming to predetermined and universally accepted norms. And if you choose to believe and adhere to that definition and understanding of the term and the practice, that’s exactly what it will be. But you do have a choice. It’s just like a paraphrase of the old saying: whether you believe that you can or you can’t do something, you’re right. 

How Compliance can Contribute to Exponential Growth


It’s no secret that the world is changing very quickly in the modern digital world, and that fact applies to every aspect of our lives, both individually as well as in the business world. That basic concept is the basis of a great new book called Exponential Organisations by Salim Ismail, which describes how two critical aspects of running a business is leading to exponential growth that is drastically shortening the time from launch to wild success: outsourcing and software.

Great Auditors Ensure Great Business


Compliance problems can bring down a business almost as quickly and completely as the controlled demolition of a building, leaving nothing but rubble and destruction behind. This might sound overly dramatic, but it’s essentially true. Compliance regulations come from government, licensing organisations, industry associations, and other bodies which can directly control the way your business operates – and even stop it from operating.

The Challenges Facing Peak Bodies And Industry Associations — And How To Solve Them


Peak bodies and industry associations are facing ever-changing and demanding compliance responsibilities. New laws, codes and regulations are making the compliance landscape ever more complex. Jurisdictions and mandatory inspection schedules are also increasing, adding pressure on already limited compliance resources. 

Auditing And Compliance Are The Keys To A Profitable Exporting Business


Even if your business has never exported before, it may be considering doing so now in the wake of ChAFTA. The opportunity for up to a billion new customers is just too great to pass up in most cases, especially with tariffs being relaxed across so many industries. If your business is contemplating getting into the export game, or just expanding into the Chinese market, there are many additional risks that it will take on in the process. Here are 10 things to consider, in order to manage those risks effectively and grow your exporting business.

In this article, we examine the potential risks in exporting and how to minimise them using an effective auditing system.

7 Things Every SME Exporter Needs To Know About Protecting Their Brand


Your brand is your reputation, and your reputation determines your success. This is even more important when considering exporting to foreign nations, as the risks to brands being tarnished are harder to mitigate, and can ultimately be more harmful. A global reputation for poor products is obviously more difficult to repair than a national reputation.

In this article, we look at ways SMEs can protect their brand and reputation when exporting, with attention on exporting to China.