Documentation is vital when lending money to people and businesses. A promissory note is an example of such documentation. It is a written promise by the debtor/borrower to pay back a specified amount and any applicable interest fees under defined terms of payment. Examples of payment terms include a predetermined …
A termination letter is a formal communication informing an individual or party that a business relationship, employment, contract, or agreement is being terminated. This letter can be written when dismissing an employee, canceling a lease, terminating an insurance policy, or ending a business contract between a client and contractor. It …
Peer evaluation is a process that enables you to give an honest assessment of your colleague’s performance. It is an activity carried out by one or more individuals who occupy jobs of the same level in an organization and belong to the same teams or departments. Peer evaluation is also …
A reference letter is typically written to vouch for an individual’s skills and expertise in a particular field. Traditionally, these letters were used for job and school applications. However, they can be used when applying for tenancy, loans, scholarships, visas, etc. Generally, the letter must be written by someone who …
A sign-up sheet is an online or physical document that allows people to sign up for an event or activity. It also allows organizations to collect contact information about prospective clients to fine-tune their marketing strategies. The sign-up sheet can be used for infinite reasons, such as to gather information …
Once the engagement phase is over, for most couples, the next step is to plan for their wedding. The only way a couple can prepare a gorgeous and outstanding wedding is to have a proper guide. This can easily be achieved by using a wedding to-do checklist. No matter the …
The first employee time clock, developed in the late 1800s, was used to record when an employee reached and left the factory. This mechanical time clock would stamp the day and time on a heavy paper card. The term ‘timesheet’ was therefore coined. It gives the factory owner an accurate …
A termination letter is a formal communication informing an individual or party that a business relationship, employment, contract, or agreement is being terminated. This letter can be written when dismissing an employee, canceling a lease, terminating an insurance policy, or ending a business contract between a client and contractor. It …
A board meeting is a formal, scheduled meeting of the board of directors of an organization. Members or shareholders of an organization appoint a director to represent their interests and make decisions on their behalf. Board meetings are typically held on a monthly, quarterly, or sometimes annual basis. These meetings …
Many companies depend on external suppliers to acquire the resources they need to produce goods or provide services. For example, a car manufacturer may use different vendors for supplying steel, electronics, and tires. A vendor is a supplier of goods or services to consumers or businesses. They can be an …
Marriage is a wonderful occasion that brings lots of emotions. However, it requires preparation to ensure everything works out well. The bride and the groom cannot take sole responsibility for organizing events. Therefore, it is important to send thank you notes to appreciate the efforts of those who showed up, …
A kindergarten newsletter is a document used by teachers and other school executives to communicate directly with the parents or guardians of the students. Normally, the newsletter is sent at the end of every semester or on a more frequent basis. The information in the newsletter is purposed to enlighten …
Documentation is vital when lending money to people and businesses. A promissory note is an example of such documentation. It is a written promise by the debtor/borrower to pay back a specified amount and any applicable interest fees under defined terms of payment. Examples of payment terms include a predetermined …
When running a business, it is crucial to implement a system that will allow you to keep track of your daily operations. This will give you a clear insight into how your business is currently doing and what needs to be improved or changed. Additionally, it is necessary to constantly …
A bill of sale is an official document used to record the sale of a good or property. It indicates the seller, buyer, description of a sold item, purchase price, and date of transaction. Also, it is used to define the terms of sale. It acts as a receipt and …
A retirement letter is written to inform the employer and other interested parties, such as the recruitment department, that an employee is retiring from their respective position in an organization. It is usually used in conjunction with a verbal notice. A retirement letter is similar to a resignation letter. The …