Step 1. Form a business intelligence team This may be tackled in different ways by different businesses. Enterprise businesses may have the budget to hire team members dedicated to analyzing business intelligence. This is already happening in the marketing space: 53% of business leaders say their...
These steps can be accomplished manually, but an automated process is usually more accurate and efficient and may help you comply with various payroll regulations. How do you manually process payroll? If you’re a small business with only a few employees and choose to process payroll manually, ...
All you need to do is submit your application on the IRS website. If you register your business online, you'll receive an EIN immediately. This service is available on business days from 7 a.m. to 10 p.m. EST. You may also apply by fax or mail, but it will take longer to get ...
While business continuity is important for companies in every sector, effective BCDR plans can be particularly critical for organizations in certain industries. For example, companies in highly regulated sectors including banking, energy, and healthcare have rigorous business continuity requirements and oft...
What is a merchant cash advance? A merchant cash advance is an alternative type of business financing in which a company gives you an upfront sum of cash that you repay using a percentage of your debit and credit card sales, plus a fee. » MORE: Compare the best merchant cash advance...
Business continuity is an organization's ability to maintain acceptable levels of service following a short-term event that disrupts operations.
Compensation arrangements for agents or brokers involved in controlled business arrangements are also closely regulated. Regulatory bodies establish guidelines to ensure that compensation structures are transparent, fair, and aligned with the best interests of policyholders. Agents must not prioritize their ...
Discover how a commercial mortgage can help business owners, investors, and landlords fund property ambitions. Flexible lending options. Learn more today.
In terms of BCDR planning, every business is going to have its own unique set of needs. Here are a few examples of plans that are effective for companies of differing sizes and industries: Crisis management plan A crisis management plan, also known as an incident management plan, is a det...
As the business owner, CEO, or founder, you might need more time to follow up with every activity. Delegating this role to a chief compliance officer significantly boosts accountability. This individual is the primary point of contact for regulatory updates, audits, and incident management. ...