The main goal of all in business is to achieve maximum profit. There are innumerable definitions of Profit or profitability but simply put, it is the excess of sales price on cost price (i.e. the amount at which your selling price is higher than your cost price). Of course, the higher the selling price, and …
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In basic terms, to Audit means to review or to verify. The advent of the Industrial revolution moved business ownership from small business (sole proprietorship) to large scale production, giving rise to the need for audits. The growth of business enterprises that accompanied the revolution resulted in the accounting system and the instigation of the …
Employers should start doing these things now, even if COVID-19 has not arrived in the communities where they operate. You can already reduce working days lost due to illness and stop or slow the spread of COVID-19 if it arrives at one of your workplaces. Make sure your workplaces are clean and hygienic. Surfaces (e.g. …
HOW TO PROTECT YOUR BUSINESS IN AN EMERGENCY LIKE COVID-19 Read More »