Tag Archives: #OperationalExcellence

Requirements of partnership: Business partnership requirements?

Requirements of business partnership Business partnership requirements may vary depending on the jurisdiction and the specific type of partnership you are considering. However, here are some general requirements and considerations for forming a business partnership: 1.Agreement: A partnership agreement is highly recommended and often legally required. This agreement outlines the rights, responsibilities, and obligations of… Read More »

Why private limited company?

Commence business private limited company

Why private limited company There are several reasons why individuals choose to register a company as a private limited company: Limited Liability Protection: One of the key advantages of a pvt. limited company is limited liability protection. This means that the personal assets of the shareholders are generally protected in case the company incurs debts… Read More »

Why is an internal audit important?

Is Internal Audit important An internal audit is a crucial function for any organization as it delivers independent and unbiased assurance regarding the effectiveness of the organization’s risk management, control, and governance processes. Here are some reasons why internal audit holds significance: 1.Enhance operations:It can be identifies inefficiencies, inconsistencies, and areas of improvement in the… Read More »

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