by admin | Feb 8, 2024 | Business
Problem solving is a key skill that’s universally required: entrepreneurs and business employees alike will benefit from the ability to find the cause of complex problems and solve them. While problem solving may be a difficult skill to master, there are many things...
by admin | Feb 7, 2024 | Business
A business strategy is a tool that can be used to help businesses achieve their goals. It provides a set of guiding principles by which organisational decisions can be made, such as developing new products or hiring new employees. Define Aspirations and Values The...
by admin | Feb 6, 2024 | Business
Financial analysis is the process of evaluating business budgets, projects and other finance-related transactions to assess their suitability and performance. It can be deployed to analyse a business’s solvency, stability, profitability or liquidity, giving it the...
by admin | Jan 17, 2024 | Business
A risk management technique via which risk is transferred to a third party is known as risk transfer. In effect, one party assumes the liabilities of another. A common example of risk transfer is the purchasing of insurance – this involves the transfer of risk from an...
by admin | Jan 15, 2024 | Insurance, Surety Bonds
A surety bond is a financial instrument designed to protect the parties involved in a contract. It indemnifies these parties against the risk of a broken or failed contract. A surety bond is a legally binding contract between three parties: the principal, the surety...
