Corporate Governance & Board Advisory

In an owner-managed business, the same person often owns the company, runs it and decides everything — which works right up until it doesn't. Growth, partners, investors, a board or a succession all demand a clearer answer to a simple question: who decides what, on what information, and to whom do they report. RN Canada helps Alberta and British Columbia owner-managers and boards build governance that fits the business — frameworks, structures, policies and reporting that bring discipline without bureaucracy.

What RN Canada does

• Governance frameworks. Establishing how the business is directed and controlled — the structure, the policies and the lines of accountability that separate owning the business from running it.
• Board structure and effectiveness. Helping you design or sharpen a board: the right composition, clear terms of reference, and the cadence and information that let it genuinely oversee the business.
• Policies. Drafting the core governance policies — on authority, conflicts, risk, related-party dealings and the like — so decisions follow rules rather than habit.
• Decision-rights. Mapping who has the authority to decide what, and what must be escalated, so the business runs on a clear delegation rather than on the owner's availability.
• Reporting to owners and boards. Designing the reporting that owners and boards actually need to oversee the business, rather than recycled statutory statements prepared after the fact.

How governance is built

Good governance for an owner-managed business is proportionate, not corporate theatre. It starts with decision-rights — a clear map of what the owner decides, what management decides, and what a board or partners must approve. That single piece of clarity removes most of the friction that accumulates as a business grows or takes on new stakeholders.

From there, structure gives the framework form: whether that is a genuine board, an advisory board or simply a disciplined owner-management split, the point is defined roles and terms of reference rather than overlapping authority. Policies turn principles into rules — on spending authority, conflicts of interest, risk appetite and related-party transactions — so the business is not relitigating the same questions every time they arise.

Finally, reporting is what makes oversight real. A board or an owner can only govern on the information they receive, so we design reporting that surfaces the right issues at the right cadence — connecting governance to the financial reality of the business rather than leaving it as an abstraction. This sits naturally alongside the management reporting and risk frameworks we build elsewhere, because governance, risk and reporting are three views of the same control system.

Who it's for

This service fits owner-managers professionalising a business as it grows, founders bringing in partners or outside investors who expect a governance framework, family businesses formalising how decisions are made across generations, and existing boards that want to be effective rather than ceremonial. It suits Alberta and BC businesses moving past the point where one person can hold the whole company in their head.

How RN Canada helps

We design the governance that fits your stage — clear decision-rights, the right board structure, workable policies and reporting that lets owners and boards actually oversee the business. Our founder, Ozgur Duymaz, holds a Ph.D. in accounting and finance and is a CPA (Canada), ACCA (UK) and CMA (US). To put real governance behind your business, talk to us or browse the full services overview.

This page is general information, not personalized advice. Speak to us about your specific situation.