What is a business proposal? A business proposal is a sales document detailing the offer from a seller to a potential buyer. With the intention to solicit business, a company can present a prospective client with a business proposal offering a particular product or service. For a company to expand in today’s competitive business world […]
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What is a company profile? A company profile (also called a corporate- or business profile) is a professional introduction to a company and contains basic information about the company. It is a marketing tool used to give potential clients, investors and other stakeholders an idea of what the company is about. Think of a company […]
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What is a business plan? The written plan of goals you want to achieve with your business, and how you want to achieve them, is called a business plan. It is a decision-making tool used when beginning or extending a venture. Any new business requires a business plan to ensure that the business can make […]
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What is an organogram? Also known as an organisational chart, the definition of an organogram is a diagram that reflects the internal structure of an organisation. It graphically depicts the relationship between departments and employees of an organisation. The job titles, names and areas of responsibility of employees appear in blocks, which are connected by […]
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What is a company resolution? Decisions that affect a company must be made by means of a formal resolution. A company resolution, or corporate resolution, is a record of decisions made by the board members/directors or shareholders of a company. A board of director’s resolution refers specifically to decisions made by the directors on behalf […]
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What is an attendance register? According to the Collins Dictionary, an attendance register is “an official list of people who are present at an institution such as a school.” In the workplace, an attendance register is the record of the times employees were present at work. Under the Basic Conditions of Employment Act, all employers […]
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What is meeting minutes? Minutes are a physical record of the proceedings at a meeting. They are used as a source of information or reference point for attendees and non-attendees about what happened during a meeting. Meeting minutes are usually taken (written, typed or recorded) by the Secretary of a company during the meeting. Minutes […]
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While the law allows employers to decide what the proper standards of performance are, the employer will, if taken to the CCMA, be required to prove the fairness of the dismissal. Employers must therefore ensure that their performance management systems and practices are designed to enable the employer to prove at arbitration that:The employee knew […]
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What is a business meeting agenda? The definition of an agenda is an ordered list of topics to be discussed at a formal meeting. A meeting agenda is essential to ensure that the meeting stays on topic and is productive. Thus, the meaning of a business meeting agenda is a list of meeting activities/topics for […]
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What is a letterhead? Every company/business’ correspondence carries a professional letterhead. It is the heading at the top of their stationery which proves that the document/letter is authentic. A letterhead usually contains a company logo; address; and contact details (telephone number, fax number, email and website address). The size of a letterhead is usually A4 […]
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