Business plans are documents used for planning out specific details about your business. They convey the organisational structure, act as a management tool that can be referred to regularly to ensure the business is on course with meeting goals, sales targets and operational milestones. A strategic plan and strategy report is a roadmap to grow […]
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Techno-Economic Viability (TEV) study & Feasibility reports provide an appraisal of technological parameters of a project and its impact on the financial viability of the project. TEV study is a risk mitigation task undertaken in respect of any industrial activity prior to decisions taken by a bank, for instance, whether a bank should lend for […]
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A Board can set up committees with particular terms of reference when it needs assistance or when an issue requires more resources and attention. A Board can either delegate some of its powers to the committee, enabling it to act directly, or can require the recommendations of the committee to be approved by the Board. […]
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Written policies and procedures integrate the guidelines, rules, focus and principles of an organization. In particular, they standardize certain operations for conformity, discuss on how to operate a business, focussing on managing risk resulting in measuring the overall consistency of the company. Here are some examples of common workplace policies that could assist your workplace: […]
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A Director is a part of a collective body of Directors called the Board, which is responsible for the superintendence, control and direction of the affairs of the company. He plays various roles in a company, like that of an agent, employee, officer, trustee etc.,. The various kinds of directors include whole-time, independent, additional, alternate, […]
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An auditor is an independent professional person qualified to perform an audit, responsible for evaluating the validity and reliability of a company’s financial statements. Appointment of Auditors as under Section 139 of Companies Act, 2013: The first Auditor of a company shall be appointed by Board within 30 days from registration of the company or […]
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Company Secretary is a key functionary in the corporate pyramid. With increasing emphasis on the principles of good governance and on compliances, responsibilities of a Company Secretary have increased manifolds towards safeguarding the interests of all stakeholders. The following companies are required to appoint a company secretary in full-time employment compulsorily: All listed companies Every […]
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