It goes without saying that honesty is important in business. The value of honesty in business has obvious and subtle implications. Asking who benefits from business honesty can explain why virtue is also important. A small bus...
A simple organizational structure is the default operating system used by most small businesses, because it centralizes decision-making with the owner. Unlike other organizational structures, the simple, or flat, structure doesn't have formal departments and layers of management. What is an example ...
Strong integrity is generally seen as a positive trait, but it’s essential to maintain flexibility and empathy. Sometimes, rigid adherence to principles, without considering context or the well-being of others, can lead to conflicts. It’s important to apply integrity thoughtfully, taking the bro...
Let’s say you are the project manager of the web development department at an IT firm that is still a startup. When you trust your accountability, and when people in your team look up to you as an accountable person, there will be larger room forinnovationandexperimentation. To explain, ...
A fiduciary is required by law to disclose to the potential buyer the true condition of the property being sold, and they cannot receive any financial benefits from the sale. A fiduciary deed is also useful when the property owner has died, and their property is part of an estate that need...
Government incentives:for example, theFirst Home Owner Grant. Settlement agent fees:charges for facilitating the closing process. Cost breakdown:a list of all costs, fees, and expenses paid by both buyer and seller. Escrow funds:any amounts held in escrow for tax or insurance premiums. ...
Unpaid bills issued by contractors who performed work for a previous owner Forged or fraudulent documents relating to your home Do you need homeowners insurance if you have a home warranty? A home warranty is a wise purchase and could save you a lot of money in repairs or replacement cost...
To say that customer satisfaction is important is an understatement. In 2025, it’s a necessity. 92% of customers are more likely to make a repeat purchase after a positive experience and over a half will switch to a competitor after a single unsatisfactory customer experience. As you can se...
Chris is the owner of the resort we’re bobbing next to. It’s the remote island ofWa Alein Myanmar’s isolated Mergui, or Myeik, Archipelago, off the southernmost tip of the country and Thailand’s Andaman Coast. The 2,000-hectare island sits at the heart ofLampi Marine...
In this article, you'll learn about the importance of research in daily life. As we will see, research is an invaluable skill that's necessary to master if you want to fully experience life.