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New B-BBEE codes unveiled! Find out what this means for your business...
Trade and Industry Minister Rob Davies has unveiled the new Broad-Based Black Economic Empowerment (B-BBEE) codes of good practice. Davies announced the new codes yesterday at the B-BBEE summit in Midrand. Reports suggest the codes will be published in the Government Gazette on October 11. Read on [read more...]Department of Trade and Industry set to announce new B-BBEE codes...
The Department of Trade and Industry, together with the Black Economic Empowerment advisory council, will announce new Broad-Based Black Economic Empowerment (B-BBEE) codes of good practice at a summit on 3 and 4 October, Fin24 reports. Read on to find out how this announcement could affect your [read more...]Industrial Action Report finds SA recorded the highest number of strikes last year
A 2012 Industrial Action Report tabled by the Department of Labour (DoL) has showed a significant increase in the number of strikes last year, compared to the previous four years, EyeWitnessNews reports. According to the report, there were 99 strikes recorded last year alone. Here are the key [read more...]by FSP Business, 30 August 2013 |
Any of the following people can use SOP:
Why must you create an SOP to manage your inventory?
You need to manage and control your inventory to reduce your financial risk or the risk that customers won't be satisfied with the product they receive, says the Practical Accountancy Loose Leaf.
For example, in a manufacturing company, unaccounted inventory due to staff negligence could result in loss of inventory.
This could have a significant impact on the bottom line and push the Gross Profit margin down.
To ensure your SOP is effective, make sure you stick to these rules when you write it.
Six rules to follow when writing a SOP for your business
Following these rules will help ensure you write an effective SOP that'll help you manage your inventory well.
We run a retail outlet and have one employee working for us as the manager of the shop, which entails working weekends. We stipulated in her employment contract that she has to work weekends and must take all her ... [see the answer]