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Business

193 posts

Business is an activity for living purposes, simply put it is any activity or enterprise entered into a for-profit such as producing or buying and selling products. I’m going to focus here on private sector organizations or businesses.
Unincorporated Business: The owner is the business. The assets of the business are the owner there are no legal differences between the owner of the business and the owner. The owner has unlimited liability for business actions including its debts.
Incorporated Business: The difference between unincorporated and incorporated is with incorporated business the exist it is a rare legal personality. The business is the company. The company has owners, the shareholders but the owners are not liable for the debts of the business.
Sole Traders: Sole trader owns all the business assets personally and is personally responsible for the business debts. A sole trader is an individual owing the business on his/her own. A sole trader can also employ people but these people are not business owners. . A sole trader has unlimited liability, pays a higher tax rate than a company.
Partnership: Where a business is started and owned by more than one person. The legal partnership, the agreement sets out, how the partnership is run covering, how the partnership is run covering areas such as how profit share, what the partners have to invest into the business, how decisions are taken, what happens if a partner wants to leave or dies.
Private Limited Company: Limited liability partnerships. A company is separate a legal entity. Shareholders are liable for debts.
Public Limited Company (PLC) indicates that its shares are widely held.

BBusiness
Sherief Abu-Moustafa
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  • 4 minute read

Sherief Abu-Moustafa Discusses the Role of Business in Society

  • byGeneva Lunch
  • February 2, 2023
A business is more than an entity for making a profit.  It plays an essential role in providing…
BBusiness
Business Scams
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  • 3 minute read

Six Common Business Scams And How To Avoid Them

  • byGeneva Lunch
  • February 2, 2023
Business fraud is not a new concept. When it comes to generating fast cash, fraudsters are not selective.…
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Credit Repair Software
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  • 3 minute read

Everything You Need to Know About Credit Repair Software for Business & Personal Use in 2023

  • byGeneva Lunch
  • February 2, 2023
Anybody can benefit from a strong credit rating. That’s why credit repair software is crucial for personal usage…
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Risk Assessments
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  • 3 minute read

Risk Assessments: What Are The Types and When To Use Them

  • byGeneva Lunch
  • February 1, 2023
Risk assessments are important tools that can help organizations identify potential hazards and plan for how to deal…
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Celebrity Endorsement
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  • 5 minute read

How Celebrity Endorsement Can Help Your Business Grow

  • byGeneva Lunch
  • February 1, 2023
Businesses are always looking for new and creative ways to grow their customer base and increase profits. One…
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Types Of Trucks
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  • 4 minute read

Types Of Trucks For Freight Shipping

  • byGeneva Lunch
  • January 31, 2023
Freight shipping is the moving of commodities, goods, and cargo in bulk. Freight transportation is critical in order…
BBusinessTechnology
Fax Solution
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  • 3 minute read

How To Choose A Fax Solution For Your Business Needs

  • byGeneva Lunch
  • January 31, 2023
Faxing is a messaging system that transmits scanned documents to a telephone number connected to another fax machine…
BBusinessReal Estate
Construction Project Management
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  • 3 minute read

Eight Tips That Will Make Construction Project Management Far Easier

  • byGeneva Lunch
  • January 30, 2023
Construction projects have the potential to be tough to manage. There’s a whole lot going on, and you…
BBusinessFashion & Beauty
Beauty Business Ideas
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Beauty Business Ideas for 2023

  • byGeneva Lunch
  • January 30, 2023
Did you know that the beauty industry market value is going to hit a staggering $571.1 billion in…
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fish tank cleaning service
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  • 4 minute read

Business Ideas: Fish Tank Cleaning Services

  • byGeneva Lunch
  • January 27, 2023
Fish tank cleaning services are becoming increasingly popular, as many people are taking on the responsibility of keeping…
BBusinessFinance
Consumer Proposal Process
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  • 3 minute read

Watch Out For These 3 Scams in Shady Consumer Proposal Process

  • byGeneva Lunch
  • January 25, 2023
When you file a consumer proposal, you aim to reduce the financial burdens of repayment and heavy debts.…
BBusinessTechnology
Online Community
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  • 3 minute read

5 Reasons Why Online Community Engagement Matters

  • byGeneva Lunch
  • January 25, 2023
It is easier to build a online community, given that platforms like Instagram, Facebook, and LinkedIn give you…
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Implement LMS Successfully
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  • 3 minute read

6 Steps To Implement LMS Successfully In Your Organization

  • byGeneva Lunch
  • January 25, 2023
Choosing the right platform to use when searching for your first learning platform can be complicated. Once you’ve…
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Product Liability
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  • 2 minute read

Understanding Public and Product Liability as a New Business Owner

  • byGeneva Lunch
  • January 25, 2023
Are you dreaming of going self-employed? If so, you’re not alone. As a new business owner, you should…
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company's competitiveness
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  • 8 minute read

How To Enhance A Company’s Competitiveness?

  • byGeneva Lunch
  • January 24, 2023
Competition is healthy for businesses. It gives companies significant incentives to reduce prices, improve product and service quality,…
BBusinessHome
driveway cleaning services
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  • 6 minute read

Business Ideas: Driveway Cleaning Services

  • byGeneva Lunch
  • January 22, 2023
Are you thinking of starting driveway cleaning services? Starting a business can be a difficult endeavor, but with…
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PRINCE2 or PMBOK
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  • 4 minute read

Which is Better- PRINCE2 or PMBOK?

  • byGeneva Lunch
  • January 20, 2023
When it comes to project management, a plethora of frameworks is being used in the present-day world. And…
BBusiness
manufacturing business
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  • 2 minute read

Steps To Grow Your Manufacturing Business

  • byGeneva Lunch
  • January 19, 2023
Just started your own manufacturing business or looking to rapidly expand your longstanding company? There’s no better time…
BBusiness
Launching a Business
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  • 2 minute read

Launching a Business in 2023: Three Tips to Get You Started

  • byGeneva Lunch
  • January 18, 2023
All around the country, people have been making New Year’s resolutions and promising New Year, new me. For…
BBusinessTechnology
Oracle ERP
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  • 3 minute read

How to Choose the Right Consultant for Your Oracle ERP

  • byGeneva Lunch
  • January 16, 2023
If you’re looking to get your business up and running as quickly and effectively as possible, Oracle ERP…
RReal EstateBusiness
Construction Industry
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  • 2 minute read

The Future Challenges for the Construction Industry

  • byGeneva Lunch
  • January 14, 2023
Every industry faces new challenges due to evolving technologies, changing consumer behavior, economic obstacles, and skill shortages. The…
BBusiness
Training Small Business Employees
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  • 4 minute read

6 Useful Tips For Training Small Business Employees

  • byGeneva Lunch
  • January 14, 2023
When you usually announce that a staff training session is about to start, you can almost hear the…
BBusiness
Plasterboard in Construction Business
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  • 2 minute read

How Useful is Plasterboard in Construction Business

  • byGeneva Lunch
  • January 13, 2023
With building materials constantly going under development, there are many opinions out there when it comes to choosing…
BBusiness
Recruitment Firm
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  • 2 minute read

Unlock Your Business’s Potential with a Recruitment Firm

  • byGeneva Lunch
  • January 13, 2023
Hiring the right candidate for a job is essential to any business’s success. Unfortunately, it can be a…

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