First, we need to consider the meaning of the word sustainability. The Oxford Dictionary defines sustainability as the” ability to be maintained at a certain rate or level”. The Collins dictionary defines sustain as the ability to continue or maintain something for some time. Without businesses, there will be little…

Our lives would have been so much easier if we had known if something bad will happen or not. Just because we do not know means that we need to manage the unknown, the risk.

It is evident that to achieve the goals and objectives of the business, procedures and policies must be in place. These procedures and policies are referred to as controls. The first question is do you know what the goal is for your business and do you know what objectives to…

I discussed with a friend complaining that she is working so many hours in the business and do not get compensated for the work she is doing. She gets up at 3:15 am to get everything done, and in peak times even goes a day or two without sleep. This…