Many businesses are operated through a separate entity such as a corporation or a partnership (either formed with or without limited liability). Most legal jurisdictions allow people to organize such an entity by filing certain charter documents with the relevant Secretary of State or equivalent and complying with certain other ongoing obligations. The relationships and legal rights of shareholders, limited partners, or members are governed partly by the charter documents and partly by the law of the jurisdiction where the entity is organized. Generally speaking, shareholders in a corporation, limited partners in a limited partnership, and members in a limited liability company are shielded from personal liability for the debts and obligations of the entity, which is legally treated as a separate "person". This means that unless there is misconduct, the owner's own possessions are strongly protected in law if the business does not succeed.
Safety is a key business concept that is defined by Merriam-Webster as “the condition of being safe from undergoing or causing hurt, injury, or loss”. Injuries cost businesses billions of dollars annually. Studies have shown how company acceptance and implementation of comprehensive safety and health management systems reduces incidents, insurance costs and workers’ compensation claims. New technologies, like wearable safety devices and available online safety training, continue to be developed to encourage employers to invest in protection beyond the "canary in the coalmine" and reduce the cost to businesses of protecting their employees.
Business process management (BPM) is a holistic management approach focused on aligning all aspects of an organization with the wants and needs of clients. BPM attempts to improve processes continuously. It can, therefore, be described as a "process optimization process". It is argued that BPM enables organizations to be more efficient, effective and capable of change than a functionally focused, traditional hierarchical management approach.[who?]
If you are an approved foster carer (formal kinship carer in Scotland) you may be allowed an extra bedroom when working out your Housing Benefit as long as your home has the extra room needed. This applies whether or not a child is placed with you or you are between placements, so long as you have fostered a child, or become an approved foster carer, in the last 12 months.
If you estimated your earnings for one week and your estimate was lower than the earnings you actually received, your benefit amount will be higher than it should have been. Let us know if this happens. You will have to repay the excess amount, but we will ensure that repaying it causes no undue hardship. As well, we will adjust your file to reflect your accurate information.
If you receive a Fostering Allowance please don’t include this as income on the Income for Benefits screen as it is ignored when calculating your entitlement to benefits. On the Income for Tax Credits screen, only include the amount of your Fostering Allowance that is taxable. You can read about how much of your Fostering Allowance is taxable on the Foster Carers page of the gov.uk website.