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What is Business Continuity Planning?Business Continuity Planning helps a company identify potential threats to a business staying in business and offers help in planning for these events.  A common business continuity plan will identify potential damage caused by building fires, local weather events, blackouts, or loss of suppliers.  Business continuity plans are tai..

What is Financial Management?Also referred to as managerial finance, finance management that concerns itself with the managerial significance of financial techniques in relation to a company’s business model; in short, financial management assesses a company’s balance sheet. Finance management is concerned with a company’s cash management, in relation to the costs of prod..

Organization & Structure: An agency is a concept in business law where one person, called the principal, gives authorization to another person, called the agent, to act on the principal's behalf. This agent will represent the principal by entering into contractual relationships with third parties.There are certain rules and regulations that will govern the practices of..

What is Incorporation?1. Incorporation refers to the forming of a new corporation. It is a legal and financial maneuver that forms a corporation or a legal entity that is recognized as a profit or not-for-profit based organization. The end product of incorporation may be a business, a government entity (such as a new town or city) or seemingly any formal organization that is le..

When one attempts to define stakeholder as a term, one will almost inevitably encounter the two subsets of stakeholder: external stakeholders and internal stakeholders. To define stakeholder, then, one must define these two subsets.The first subset, external stakeholders, are those stakeholders who exist outside of the company. External stakeholders are shareholders and stockho..

Proprietors are individuals who are given the exclusive rights and titles to a particular investment, like that of a business. With this exclusive title, the proprietors are able to conduct business under their own set of guidelines. They are allowed to hire individuals for work, create clientele bases, establish working relationships, and various other things.The downside of p..

Tips for Getting a Business LoanWhen it comes to a business loan, there are many different options you will have.  Take a look at all the different styles of loans that you can get and see what one works best for you.  You also should know all of the different steps that will be required to get a business loan, and understand that this is not something that will happe..

Corporate finance is a specialty in finance that is concerned with the financial decisions that must be made by businesses. Corporate finance also accounts for the tools and analysis that a business should employ before reaching those decisions.The main goal of corporate finance is to allow the company to maximize its corporate value while minimizing the financial risks to whic..

  A trade secret is primarily defined by the Uniform Trade Secrets Act (UTSA).  Essentially, the trade secret is information such as a formula, pattern, program, method, process, technique, or similar piece of information that produces economic value.   However, the information only produces actual or potential economic value because it is not acce..

Website marketing is a form of Internet marketing that envelops advertising and marketing that businesses, marketing companies, professionals, and individuals use to market their goods and services over the internet. Internet marketing can take the form of search engine marketing; search engine optimization; banner ads; and pop-up ads.There are industries devoted solely to webs..

IntroductionCharity and non-profit jobs are careers in social work.  These jobs are usually in non-for-profits and involve all facets of their administration from upper management to lower level distribution of charitable goods and services.  To reach the highest levels of non-profit management requires advantaged degrees and years of practical experience working in n..

International trade law refers to the collection of regulations and statutes that exist in order to control trade between different countries. Oftentimes, international trade laws can also apply to private companies that have their own requirements and regulations in regards to all international trade concerns in which the company or business is involved. Therefore, internation..

A bankruptcy trustee is an individual who has been appointed by a bankruptcy court to oversee the financial reorganization of an individual who has filed for Chapter 13, Title 11 bankruptcy under the Uniform Bankruptcy Code adopted in the United States of America. A Chapter 13 trustee will develop the plan that will allow the person who has filed for Chapter 13 reorganization t..

A trust company is a type of company that functions to carry out fiduciary duties. Trust companies operate in a similar manner to banks, as both of these institutions provide similar services and take part in similar activities.Trust companies are generally regulated by Federal legislation. These entities are usually composed of a number of different branches. They have the pow..