A balance sheet is a financial statement that reflects assets, liabilities and owners’ equity. Get a free balance sheet template, example, and guide.
You might be new to the business industry if you are reading this, but everyone should know what a balance sheet is. What does a balance sheet do anyways? There are many factors that encourage a business or sole entrepreneur to use balance sheets. In financial accounting, the definition of a balance sheet is a summary of the financial balances of some business organization such as a sole proprietorship or corporation. An example of one of these companies would be an LLC or LLP. The assets and ownership of something is listed in a balance sheet in a specific date form. It is often described as a short snapshot of how the company’s finances are doing. (more…)
Gantt chart as the name indicates was developed by Henry Gantt in the decade of 1910. Gantt chart is basically the chart which reflects and depicts the schedule of a project. This chart is all about the details and description of the dates at which the project was started and was finished. In addition to this, the chart also depicts the summary elements as well as the terminal elements of the project which is brought under consideration. This illustration, in Gantt chart, is further supported by the dates at which the project started and ended and all the important events which took place during that tenure of the project are also marked. The two most important and pronounced features of Gantt chart are the summary elements and the terminal elements of the project.
You close the client you sign them up. Now, how do you on-board a client to ensure success? In this post I’m going to go through how we on-board clients and what our kickoff process looks like. Let’s jump into it. (more…)
Performance management is considered an effective approach for evaluating employee’s performance in a certain company or workplace. There are some general assessed area’s which depicts worker performance and it includes ability to complete task, organizational and management skills, intelligence, efficiency, work speed, relationship with others, future goals and many others. Due to its immense importance the human resources experts and psychologists have developed various systems which will assist in performance assessments.
The general methodology which is observed in many companies is that the review is carried out by the member of the management committee or a person whose position is higher than the employee being assessed. He can do this by merely doing simple discussions or take help of technology and do statistical evaluations with the help of graphs and set certain benchmarks to see how employee is completing his duties. He can make a check list or take a main incident while doing evaluation or make notes of employee’s current proceedings and work efficiency. (more…)