When corporations try to expand into new markets or sectors, they often find that they need to get more money or funding from somewhere else. It also gives businesses a way to pay for research and development (R&D) or protect themselves against competitors. Even if a business hopes to use profits from its regular operations […]
How you set up your business will affect everything about it, from day-to-day operations to taxes to how much your personal assets are at risk. Aside from the benefits, you should set up your business in a way that gives you enough legal protection. In this article, we will cover the legal structure of a
When we say “social responsibility of business,” we mean that a company’s top leaders have a duty to act in the public interest. According to the idea of social responsibility, business leaders have a duty to serve and protect the interests of more than just the company’s owners and employees. Being a good citizen means
When we try to figure out what companies do in the modern world, our thoughts are limited by a number of assumptions. We tend to think that business is separate from the rest of society and has nothing to do with it. But in reality, business is a key part of how societies are built
Taxes, daily operations, and the risk to your personal assets are all affected by how your business is set up. Choose a business structure that will protect you the most and give you the best chance of success. The structure of business refers to the formal and informal systems, processes, and relationships that determine how
