business accounting

Arabon Business Payroll Policies Procedures

The importance of employment contracts, workplace policies and procedures

An employment contract is an agreement between an employer and employee that sets out the terms and conditions of employment.  It is not necessary to specifically agree on a contract for one to exist. The fact that an employee starts work for an employer brings with it certain fundamental implied terms, such as the right …

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Arabon Business Accounting COVID-19 identify risks

Reducing the financial risk of launching a new business

There’s no doubt that starting a new business has risks.  While it may be tempting to remain positive and ignore them, you need to know how to reduce the financial risks when launching a new business. Risk management is the process of identifying and assessing risks and developing strategies to mitigate them. A risk management …

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