Electronic equipment: computer, printer, scanner, fax machine, photocopier, etc. Legal aspect affects my business organization in so many ways for an example let’s say the business organization does not fully follow the constitution by the government while the business is running for an example this can be health and safety the government have the right to cancel my license which allows me to run my business.
Pestle stands for politics economics social technological legal environmental these are the 6 factors that can impact the business organization through politics, constitutional change can change the way a business organization runs, my business is rehabilitation Center and therefore the government can change the law on increased tax will affect my business with decreased profit.
The balanced scorecard approach stresses the importance of investing for the future, not just in traditional investments, such as research, development, equipment and technology, but also in the development of the people, infrastructure, systems and procedures in the organisation.
Ignoring tax planning is very common among many small business owners, it is not an optional process so be sure you are on the correct path when dealing with your taxes with the help of a professional who will help you through the ongoing process that helps small businesses review their total income and manage the expenses every month.
The new unfair contract term protections will apply to standard form small business contracts entered into, or renewed, on or after 12 November 2016, where the up-front price payable under the contract does not exceed $300,000 – or $1 million if the contract is for more than 12 months.