Technology has sped up communication, which has put demands on boards of directors to do business in new ways. For example, boards can no longer solely rely on printed board packets before meetings to stay current because of the development of cloud technology and easy access to critical papers online. A growing number of boards […]
Choosing the right corporate structure is crucial to the success of your business. An LLC is a limited liability company that is a type of legal entity that can be used in incorporating a business. An LLC offers a more formal business structure than a sole proprietorship or partnership. It also offers the owner protection […]
Although all managers have particular responsibilities, this does not imply that all managers in a large organization are working on the same projects. The amount of managerial work is typically so great in organizations big enough to allow a clear division of duties between managers and non-managers that it also has to be divided. The […]