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 …
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 Credit Memo is defined as a document issued by the seller notifying his or her customer(s) that a deduction (credit) will be made to an initially invoiced amount (existing debt) for goods or services purchased, and therefore the buyer will pay a lesser amount than previously expected. The credit …
Usually signed by a cardholder, a Hotel credit card authorization form is a document that permits a merchant to charge the cardholder’s credit card during a period of time for regularly recurring payments in accordance with the content of the credit card authorization form. A hotel credit card authorization form …
A Pay for delete letter is a letter sent to a creditor by a consumer, urging the creditor to remove or delete a negative mark from the consumer’s credit report for a fee. A pay-for-delete agreement is quite rare as most credit reporting agencies are strongly against the removal of …
Hair coloring can be a tricky enterprise. Even seasoned professional hair stylists often find themselves doing it wrong in some way or another. And with so many different color charts and special effects, it can be hard to stay on top of what’s being offered and learn the best way …
A secured promissory note and how it is different from an unsecured promissory note. If you are considering giving a loan or you need one, a Secured Promissory Note will provide you with security for that form of a loan. The promissory note offers a lot of collateral because the …
An Unsecured Promissory Note is a contract that allows a lender to record the details of the amount of money given to a borrower with the intention of being reimbursed with interest if any. This type of promissory note is a non-collateral document which means that the loan is not …
Preparing and issuing receipts is an essential part of most businesses. As a business, you will need receipts to organize your financial records. They will help you identify the items you sold and the money you earned as payment from clients. On the other hand, customers will need it as …
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 …
The origin of job evaluation can be traced to the United States Civil Service Commission in 1871. However, it was not until the 1920s that the first point system was developed. In addition, the National War Labor Board advocated for the implementation of job evaluation to promote wage equality during …
An essential aspect of any business that is crucial to the success of freelancers, self-employed individuals, contractors, and other businesses is the writing of bid proposals. Since drafting a proposal for a bid is difficult, you must distinguish yourself from the competition as a bidder by developing an attention-grabbing bid …
An event planning checklist is a list of tasks that need to be completed to plan and execute an event successfully. It is helpful when organizing and managing the various tasks and details that go into running a successful event. It helps to ensure that all necessary tasks are completed …
An employee performance evaluation, or simply a performance review, is a unique process designed to assess and review an employee’s professional performance. In most cases, managers are responsible for conducting employee performance evaluations. Even though every business determines its employee evaluation cycles, most conduct a complete performance evaluation annually, with …
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 …