Business ethics defines what is wrong and right in a business. It improves the law by highlighting what behaviors are acceptable and can be controlled by the government. Big businesses create business ethics to enhance integrity among their workers and enable key shareholders and customers to trust them. Corporate business ethics have become the norm in many ventures, but the quality of ethics varies in different establishments.
Business Ethics: Determining Right and Wrong
To act ethically is to determine what is wrong and right.Continue Reading
As an entrepreneur, you’re your boss. So how can you possibly be expected to answer anyone else regarding your finances? The truth is that no matter how much you love what you do and how seriously you take your venture if you want to succeed as an entrepreneur, you need money. Unless you have enough cash to cover expenses for at least six months (which not many people do), becoming an entrepreneur requires first taking on an employee’s role.Continue Reading
Cash flow is the amount of money a financial institution has coming in and out on an annual basis, as determined by the difference between its total receipts and payments over that year. Cash flow is not taxed because it is the measurement of how much cash goes through a business. Here we will discuss why cash flow is not taxed.
1. Cash Flow is not Income
Cash flow is not income because it is a measurement of how much cash goes through a business.Continue Reading
Today’s society is saturated with ideas, opinions, and ideologies. It’s a time of rapid change in almost every field. Entrepreneurship sits at the center of this whirlwind of activity. Whether you are looking to start your own business or unsure about whether the life of an entrepreneur is for you, it’s important to understand what entrepreneurship means in today’s world.
An entrepreneur is a person who encourages and promotes the development of a new business,Continue Reading