Business

The initial investment is the amount required to start a business or a project. It is also known as start-up costs are net cash outflows…

Stamp Duty, commonly known as Stamp Duty Land Tax or SDLT, is a tax imposed on sales or records of single property; traditionally, this included…

Unreported employment, (also known as working under the table, illicit work, or moonlighting), is illegal employment that is not reported to the government. It is…

Branding is a marketing method in which an organization establishes an easily recognizable name, emblem, or logo as belonging to the product. Brands are used…

Open Market Operations This refers to the purchase or sale of securities in the market by the central bank on its own initiative to control…

We should have a greater understanding as business people of why trademarks are so critical for a successful trade. A trademark is a recognizable insignia,…

A repugnant condition is one contrary to the contract itself. Repugnancy could be defined as “an inconsistency or contradiction between two or more parts of…

Salvage Value Salvage value is the estimated resale value of an asset at the end of its useful life. It means the value which is…

Ethics is the branch of philosophy concerned with the meaning of all aspects of human behavior. Corporate Ethics (also known as business ethics) is a…

In reality, apprenticeship and internship are means of applying the skills and knowledge that students learn through their schooling, and there are some marked differences…

Shadow Economy is an illicit economic activity existing alongside a country’s official economy, e.g. black market transactions and undeclared work. It is perhaps best described…

Intellectual Property (IP) is usually remarked, consists of all the pieces of our business that our employees have thought of; actually, it’s a category of…