When conducting international business, individuals need to be aware of the business culture of the country they will be working in. This varies by country and can be confusing to many, however, it is of great importance. This is especially...
Good business communication is vital to the effective function of an organization. Employees should be able to communicate with coworkers, as well as managerial staff, because open communication contributes to increased productivity and results. The list below contains actionable tips...
The United States Congress enacted the Sarbanes Oxley Act in 2002 to bring major changes to financial regulation and corporate governance for businesses in the country. This act, named after Senator Paul Sarbanes and Representative Michael Oxley, was created to...
The majority of young entrepreneurs get into business for themselves with the hopes of escaping the drudgery of a normal career. The average Entrepreneur is willing to work extremely hard to accomplish this goal. Unfortunately, though, passion alone is not...
Raising capital for a new business venture is always a challenge. Countless new business ideas never get off the ground because of a lack of funds. Introducing a new product or service can be almost as difficult, especially if the...
In a due diligence data room, companies place copies of their legal, financial and business documents for review by potential investors. The data room is accessed after the buyer or investor signs an NDA, or non-disclosure agreement. There are two...
When it comes to selling a company, possibly the most important part of the whole process is the due diligence activity conducted by prospective buyers. If the potential buyers of a business cannot conduct a thorough due diligence, they are unlikely...
In the past, storing information entailed filing cabinets, stacks of paperwork arranged in a manner comprehensible only to the one who put them in place, and shelves stocked with binders bursting at the seams. Documents not meant to be seen...