Start-ups and the Question of Compliance

Sunday, 07 March 2021

Start-ups and the Question of Compliance

When starting a business compliance wouldn't be the first thing on a list of 'to-do's'. But in this piece for the Financial Times, journalist Kate Bevan says start-ups shouldn't make the mistake of thinking compliance is just for the big firms.

As Kate points out, while start-ups are often 'chasing funding' and pulling together 'exciting marketing plans', one area they can easily gloss over is compliance.

"Compliance sounds like something for the grown-ups rather than the cool kids to worry about," she says. "It is a dull word and a complex subject — and one that can get you into serious trouble if you do not have as tight a grip on data protection and software licensing as you do on choosing the football table for that office."

The piece also features Rune Syversen, WLM client and CEO of Crayon, experts in software asset management (SAM), the GDPR and cloud economics.

According to Syversen, small businesses often fail to address these things "until it’s too late".

Read the rest of the article here.

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