Small Business ISO Standards Small business ISO standards, ISO (International Organization for Standardization) has developed various standards that can be beneficial for small businesses. Some ISO standards that are relevant for small businesses include: 1. ISO 9001:2015 – Quality Management Systems: This standard provides guidelines for implementing a quality management system to enhance customer… Read More »
Importance of Company Registration Importance of Company Registration Website Link Importance of Company Registration:Company registration is important for several reasons: Legal Recognition: Registering a company gives it legal recognition as a separate legal entity from its owners (shareholders). It establishes the company as a distinct entity with its own rights, liabilities, and obligations. This separation… Read More »
Understanding the Difference Between Net Worth, Profit, and Turnover In the realm of finance and business, terms like net worth, profit, and turnover are often mentioned in discussions about a company’s financial health and performance. Net worth, profit, and turnover are three important financial terms used in business accounting. It refers to the total value… Read More »