Press Release | 1 July 2020

Business tips for private enterprises

Business tips for private enterprises

1 July 2020: KPMG has launched a series of tips to help Private Enterprises in Thailand navigate the current business climate and grow their business. The tips are provided by KPMG experts, including Sasithorn Pongadisak, Head of Private Enterprises, KPMG in Thailand, Surayos Chuepanich, Advisory Partner, KPMG in Thailand and Auaychai Sukawong, Tax Partner, KPMG in Thailand.

L-R. Sasithorn Pongadisak and Surayos Chuepanich

For family businesses and entrepreneurs that are pursing M&A and investment deals, there are some risks that need to be considered. Entrepreneurs need to understand the M&A process from start to finish in order to know how to manage each step, from pre-deal, deal transaction to post-deal. In order to minimize risks, entrepreneurs need to have clear M&A objectives and an understanding of the other party. Due diligence should be conducted in terms of financial metrics, tax, legal and operational. Determining a purchasing price is also one of the most important decisions to be made. Find our more on this: Things that entrepreneurs should consider when starting or expanding a business.

L-R. Sasithorn Pongadisak and Auaychai Sukawong

Moreover, to prepare for M&A transactions, businesses need to have the right business structure which will impact their business expansion, management planning, and will result in effective tax planning. There were many changes in tax law during the past few years. Entrepreneurs need to stay on top and understand the principles underlying these changes. Find our more on this: Insights about key concerns that entrepreneurs need to consider when doing business.

Also, coming soon in the series of tips to Private Enterprises is an episode on managing internal control in terms of people, system and processes to improve your business. Stay tuned at https://home.kpmg/th/.  

 

Thai version: เคล็ดลับในการจัดการธุรกิจครอบครัวและธุรกิจขนาดกลาง

About KPMG in Thailand

KPMG in Thailand, offering audit, tax, legal and advisory services, is a member firm of the KPMG network of independent firms affiliated with KPMG International Cooperative.

About KPMG

KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. We operate in 147 countries and territories and have more than 219,000 people working in member firms around the world. In Asia Pacific, KPMG operates in 20 countries and territories with more than 46,000 people in members firms in the region. 

For media enquiries, please contact:

Ploi Phayakvichien
Tel: 02 677 2034
ploi@kpmg.co.th