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Operations

Importance of Insuring a Business

In this video of the Diriya Biz video series brought to you by Diriya.lk, we are joined by the Director of SG Life International (Pvt.) Ltd. Mr. Suranjith Godagama, who would be discussing the ‘Importance of Insuring a Business’.

Governance of a family business

Family business governance is a topic that covers two broad areas; governance of the family and governance of the business.

Importance of proper governance in a family business

The success of a family business revolves around the changing dynamics of not only the business but also the family. Family members may have been dependent on the business for some part of their lives, and may have contributed to the business too.

Tips for Succession Planning

Have you started with your succession plan for your organization yet? Have you delayed planning for lack of time, or in confusion about what to do next? Have you yet to identify potential successors, or are you unsure of your successor’s skills and abilities?

Towards Better Procurement

Among the many costs that you hope to minimize when engaging in a business, procurement is probably one of the most important factors that you might have to consider. This is the same for both large scale and small scale businesses. Here’s a snapshot of procurement and ways in which you can make it more efficient and cost-effective.

Adopting Right Governance Structures According to the Maturity of Your Family Business

In the initial stage of a family business, most of the governing decisions are taken by the owner / founder. However if he or she brings in family members,  and with the expansion of the business, it is required to have a very clear family business governance structure.
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Operations

How to downsize your SME during a crisis?

Learn ways in which you can downsize your SME, that will avoid drastic measures and instead actually benefit the business

Criteria when choosing a supplier

In Sri Lanka selecting the right supplier can be a very difficult mission.  Many people open businesses as suppliers but may not be quite up to the task. 

Basic Office Procedures for SMEs

Every business, big or small, needs a smooth-running office. But for new or small businesses (SMEs) in developing countries, it can be overwhelming to know where to start. Fear not! Here's a look at some basic office procedures that can make your SME a well-oiled machine.
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