Your mission and vision drive your overall company policy, in which you lay out your overall company objectives that guide your strategic plan. From there come your sales and marketing plans, your operational plans, and so forth. You might think of your policies as a juncture of internal and external forces. Setting business policy is critical to a thriving company. What business policies does every company need? Continue reading What Business Policies Does Every Company Need?
It’s a good practice to get a W-9 form whenever you engage an independent contractor. When you request a W-9 form, you are indicating to freelancers that you plan to keep your business dealings formal. What is a W9 Form and Why would a business request one? Continue reading What is a W-9 Form and Why would a business request one?
Passing the New Entrant Safety Audit isn’t the end of the road for your business; if there are any breaches, a Department of Transportation (DOT) compliance review is required. What are the reasons and outcomes of a DOT compliance review? Continue reading What are the Reasons and Outcomes of a DOT Compliance Review?
Nonprofits are a nationwide pillar of good deeds. Hundreds of thousands of people recognize the efforts of major nonprofits to make a lasting, positive impact on the world. Organizations such as the Red Cross draw international charitable donations for their efforts, while local nonprofits such as a food pantry or humane society make substantial impacts on our communities. What are nonprofit goals, policies and procedures? Continue reading What are Nonprofit Goals, Policies and Procedures?
Process occur in each and every business. Some of your process are critical business processes that your company could not be in business without and others are less critical, but may be important. Understanding your risk is a major factor in your company governance, risk, and compliance program. How do you audit your process, demonstrate their effectiveness, and show that you have control when needed? Basically, do company policies exist if they’re not documented? Continue reading Do Company Policies Exist If They’re Not Documented?
Your Employee Code of Conduct applies to all employees of your organization including officers, directors, and employees of the company and its subsidiaries and affiliates. Your Code of Conduct is a key governance best practice that guides your business policies, procedures, and practices. It is in the best interest of your company and its stakeholders that you adopt and implement a Business Code of Conduct to, among other things, help ensure compliance with standards, laws and regulations applicable to all business activities. So, what is an employee code of conduct? Continue reading What is an Employee Code of Conduct?
To “pivot your business” has been a catch phrase we’ve heard repeatedly over the last couple of years. While it sounds fantastic in principle, it can be difficult to navigate. For businesses in crisis, it’s essential to make the necessary changes in an efficient, timely manner without damaging the stability of your workforce and existing customer base. How to reinvent your core business processes in a time of crisis. Continue reading How to Reinvent Your Core Business Processes in a Time of Crisis
Managers inside an organizations are making decisions with a huge impact on their operations every day. These decisions relate to human resources, partnerships, money, and products or services, among others. Unknown to many firms, the problem solving process you follow when making a decision will affect your success. How does the decision-making process affect firm success? Continue reading How Does the Decision-Making Process Affects Firm Success?