A frequently asked question when it comes to personnel management is: “We always hear about following the law in terms of ‘pay and conditions’, but what exactly is ‘pay and conditions’ and where does the law fit in?” The following is a useful summary of the main payment areas and the conditions they cover, as…
Category: Business
Immigration law: avoiding obstacles
In law school, prospective attorneys are taught how to present the best argument on behalf of clients and that each topic can be viewed in different ways. In fact, our standard court system is designed with that concept in mind. Opposing parties can take their case to a courtroom, present laws and arguments to the…
Teach Your Kids About Money – Very Essential
Man’s journey on the road to success begins in the age of responsibility and continues daily for the rest of his life. As soon as a child is wise enough to claim any money given to him as “my money”; That kid is ready for financial literacy lessons. Many nations are experiencing an economic quagmire…
Association agreements
A partnership agreement is a relationship between individuals or organizations. The parties involved must cooperate closely and share responsibilities. A partnership agreement is not necessarily a legal contractual relationship, but rather a relationship in which you come together to achieve common goals and purposes that will benefit both parties. A partnership agreement is basically one…
7 steps of the effective strategic planning process
This TQM article provides insight into a typical strategic planning process that was used in various organizations and proved to be very practical in implementation. The key processes of this typical Strategic Planning Process are organized in 7 steps. The detail of each step is illustrated below: – Step 1: review or develop the vision…
Sarbanes-Oxley Act of 2002 – Some Explanations 7 Years Later
This article presents some explanations about the Sarbanes-Oxley 2002 seven years after its enactment by the United States of America. Due to the recent economic conduct of some person (businessman or accountant) or company (such as Enron or WorldCom), the United States of America realized the need to put into effect a new federal legislation:…
Accounting software can be sophisticated or simple, but rarely both
Accounting software is a system for recording financial transactions on a computer through a full range of accounting options that almost invariably depend on the size of the business being served. Financial software can range from a multi-million pound solution for major public companies to simple managed income and expense lists. Account software requirements are…
Lease what depreciates – Buy what appreciates
Many years ago, the great John Paul Getty, who once held the title of being the world’s rich man, made the statement “Rent what you appreciate – Buy what you appreciate” as a basic philosophy that businesses should follow. prudent. Most of us in the leasing industry keep the statement in our arsenal as a…
How to prepare a cleaning budget
Cleaning is one of the hotel departments that has the highest amount of expenses and consumables. Items such as toiletries such as shampoo, conditioner, body lotion or moisturizer, eau de toilette, face and body soap; bath towel, hand towel, face towel, bath mat, bathrobe, rubber mat; bed sheet, pillow, pillowcase, cushion, neck pillow, mattress pad,…
Handling difficult tenants
In our previous post, we have talked about how tenants can deal with difficult landlords. This time, we will argue backwards. What if your tenants are difficult to deal with after you’ve let them sign the lease? Here are some tips. Have confidence. Confidence is a key aspect when facing difficulties. And this does not…