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To many small and medium business owners, the word “governance” sounds scary and Victorian. However, despite popular opinion, the value the governance process adds to even the smallest of enterprises is fundamentally misunderstood.

Business owners often go into their particular business because they are passionate about it. They may know anything from a little to a lot about actually running a business, the particular industry they are entering and the roles that will be required.

Image: http://ventureburn.com 

To read the original article: Governance: it’s misunderstood but seriously important for your startup | ventureburn