When running a business in China, it is possible to get caught up in the complexities and unique challenges that operating in this market brings at the expense of protecting your business and mitigating against business risk. This critical element often gets overlooked in the drive to prioritise necessary factors such as business growth, finding the right partners and building the right team to deliver the business strategy.
This event, organised by our SME & Entrepreneur Forum, will focus on two crucial components of business protection:
Stuart Rankin from St. James’s Place, a FTSE 100 financial wealth management company, will deliver a presentation focusing on the often overlooked risk to businesses of losing a major shareholder or key employee through death or critical illness. The presentation will aim initially to identify the potential risks business owners face before moving on to look at the different ways of quantifying and then mitigating those risks. Stuart will also look at the steps business owners can take to ensure the smooth running of their company should anything happen to a major shareholder whilst making sure that the needs of any remaining partners and the surviving family are taken care of.
Sim Joh Khuang from LehmanBrown International Accountants will speak from both LehmanBrown’s and his own extensive experience on how to implement effective internal controls and on the importance of companies, however small, having proper policies, procedures and processes in place. LehmanBrown International Accountants is a China-focused accounting, taxation and business advisory firm, combining years of international expertise with practical China experience and knowledge.
16:00: Opening Remarks by SME Forum Chair William Spiers
16:05: Presentation by Stuart Rankin – St James’s Place
16:35: Presentation by Sim Joh Khuang – LehmanBrown International Accountants
17:05: Q&A and Networking
To register, please click here: https://portal.cbbc.org/civicrm/event/info?reset=1&id=1123
For enquiries, please contact us at the address above.
Stuart Rankin – Associate Partner, St James’s Place Wealth Management
Stuart is a Chartered Wealth Manager who has been working for St James’s Place in Shanghai for the past five years. Alongside a degree in International Business he holds the level 4 Diploma for Financial Advisers from the Institute for Financial Services making him fully compliant with UK regulatory standards. He also holds the advanced level 6 Certificate in Private Client Investment Advice and Management and is a member of the London based Chartered Institute for Securities and Investment.
Sim Joh Khuang – Partner, LehmanBrown International Accountants
Sim Joh Khuang is from Malaysia and has been working in China for over 10 years. Prior to becoming a Partner at LehmanBrown, his professional experience was built up working for the Big Four in both Malaysia and China. His role as a Partner at LehmanBrown has led to him actively supporting our portfolio of clients across a broad range of areas including providing statutory audit services to companies of various sizes across a broad range of sectors both listed and private, delivering special audit and financial due diligence for M&As, reviewing of internal control systems and conducting fraud investigation, performing monthly review of financial performance of public listed companies; and enabling companies to streamline operations, improving operational efficiencies and costs rationalisation.
Sim was admitted to the Association of Certified Chartered Accountants (ACCA) in 1997, ACCA, he has been a member of the Malaysian Institute of Accountants since 1999 and a member of Association of Certified Chartered Accountants (FCCA) with effect from 2004. He is also the current Treasurer of the Malaysian Chamber of Commerce (MayCham) and is fluent in Mandarin, English and Bahasa.