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How does a business credit card differ from other credit cards?

A business credit card is one that is issued to a company or business. There is not a lot of difference between a business credit card and one issued to an individual. The company can benefit from interest free periods for purchases in the same way and use the card for business purchases. Additional cards can also be issued to employees of the company for them to make purchases for their department or section which can be monitored easily without a mountain of paperwork. They are a good way for a business to build up an excellent credit profile and can ease cash flow problems.


What is iOffice Online Business Solutions?

It is a company with scam business practices.


What is a private equity?

This is when a either a private company or an individual 'purchases' ownership in a company. This is usually done through shares!


What are some of the ways unethical business practices can affect a business?

Unethical business practices can cause a business to lose the respect of other business wanting to do business with said company.


How do you start a company that purchases stock in other companies?

You can incorporate a business under your own name (ar any chosen name not belonging to another company), or even buy stock in other companies as an individual investor (just on you own!).


Who is responsible for business credit card debt?

The business is, provided the charges were for business related or permitted personal purchases. Most businesses, however, have policies for personal purchases on company plastic, and procedures for paying back the company. If personal charges are not permitted, then the card holder will be required to pay back the debt.


What type of company is IT Asset Management?

IT asset management is not a company, but group of business practices. The practices link various business functions, such as financial and inventory, to help manage the IT environment and with decision making therein.


What is the meaning of the word acquirer?

An acquirer refers to an individual or entity that purchases a company or assets from another entity. In the context of finance or business, an acquirer is often involved in mergers and acquisitions to expand its operations or market share.


Is Michael's going out of business?

Is Michaels going out of business? No. As with any company there may be individual stores that close but the company as a whole is not going out of business.


Who is Insured in case of Reinsurance?

Reinsurance may be purchased by an insurance company for an individual risk, a specific class of risk, or an entire book of business. In any case, the insurance company that purchases the reinsurance is the Insured. The actual policy holder(s) are unaware of the reinsurance arrangement.


What is the difference between a personal business letter and a business letter?

A personal-business letter is one that is sent from an individual to a business or company. Whereas, a business letter is a letter sent by the company or organization.


What is meant by debtors?

Debtors are those customers who purchases goods from company on credit so debtors are current assets of business.