A financial analysis provides entrepreneurs with information on the current economic situation of their business. But the report is full of figures – you can lose track of things quite quickly. So what is a financial analysis? And how do you get to grips with it? What is the report actually good for? And can you also create one yourself?
Verbal communication isn’t the only factor that determines the success or failure of a conversation, but it plays a key role. You’ll achieve your goal more quickly if you can express yourself clearly and skillfully. You’ll also handle critical situations in your day-to-day work more effectively if you have targeted strategies for communication.
If you only pay attention to verbal language and ignore nonverbal communication, you’ll eventually encounter problems in your personal and professional life. How you understand other people ultimately depends not only on what they say, but how they say it. If you want others to perceive and understand you as you intend, you need to know how nonverbal communication works.
When the end is in sight, he moves out of the shadows: the liquidator! But don’t get too excited –there’s no superhero hiding behind this ominous title. So what is a liquidator? The short answer is: A liquidator is a competent professional who takes care of the liquidation and proper termination of a corporation or partnership.
Even when we don’t say anything, we communicate: Our body language is more or less consciously sending out signals to those around us. Gestures, expressions, and posture often share more than we’d like, including how we feel in a given situation. If you’re able to understand body language, you’re better prepared in conversations with others – and can adjust your body language accordingly.
Finding a company name has caused many a headache: How can you choose a name that’s compelling and imaginative, and at the same time succinctly describes your line of business? What’s more, it needs to comply with legal requirements. We explain how to choose an ideal business name and what you should keep in mind.
Whenever you have contact with the IRS, you are required to provide a tax identification number, often abbreviated to TIN or tax ID number. There are many different types of TIN, so it can seem like a lot of administrative work to apply for the right one. Find out which one you need and how to apply for the right TIN here.
The terms “Governance, Risk and Compliance”, known as GRC for short, comprises the three areas that are responsible for internationally operating (often listed) large companies functioning well. GRC includes management and internal cooperation, assessing internal and external risks, and ensuring that all business processes and laws and regulations are in sync.
If you want to minimize the risks associated with organizational errors, damaging actions by senior employees or even just economic crime in your company, you do not want to leave anything to chance. An ICS - short for Internal Control System - establishes guidelines that enable the monitoring of operational processes. What does an ICS look like?
Constructive criticism is important, and in the majority of companies, the concept is well-known on paper. Yet too few companies manage to use their errors to drive success. We provide an overview of what constructive criticism means and how it can be achieved in the workplace.