Currently, many businesses are manipulating ways to earn abnormal profits. Looking at the profits, it is easy to determine that they are earned not through genuine ways. For instance, some enterprises are borrowing money from financial institutions and not refunding them. This has called upon law enforcing agencies to intervene. Reinstating A Company that had been dissolved will help to make sure that these money lenders are refunded.
Currently, marketing is growing so fast and competition is becoming high. This renders the less advantaged firms to be closed down. After ascertaining well about its competitors and what its consumers mostly prefer, the venture will be in a position to begin it's operation again hence performing better than earlier.
Reinstating an operation will help to release assets not owned or rented from others. Not all the assets that assist in running an office belong to the institution concerned. Some might be belong to independent investors and the office might have been closed down while operating using these assets. Reinstating these offices will enable them to return these assets back the owners.
Re-establishment is also done to make claims against the firm. At times employees face risks and uncertainties. For instance, they might be injured and so the company is held liable. Depending on the injury, the enterprise might decide to pay the injured employees as compensation. T hese employees are an asset to the firm thus making it necessary to compensate as they will help in boosting the growth of the business.
A good relationship is important in any organization. Once a commercial business has been closed, contractual activities that have been in progress are also delayed or completely stopped. Reopening it will help these contracts to pick up from where they stopped. Relationships are brought back enabling those concerned to perform their responsibilities as expected.
Rehabilitation of ventures also helps those who had made contributions to the firm in form of retirement plan to have them paid. Due to the high cost of living for the aged people, most of them have been advised to at least have a small portion of their income saved. Old people are susceptible to diseases associated with old age hence when this pension matures, they can live a better life with no worries.
Enterprise rehabilitation has helped to protect human rights. This is because most employers have been known to misuse their employees. For instance, the input is not equal to the output. Research has shown out that most employers pay their employees less than what they produce. Once rehabilitation is done and strict rules enforced human rights will adhere to and employees will enjoy a conducive environment that best suits their needs and benefit from their hardworking.
Reestablishing an organization will not only help it be wound up but also to share its assets to the shareholders based on their contribution. Some shareholders might decide not to continue once the firm has been closed down. So, once rehabilitated, they will be able to have their shares back and start their own income generating activity.
Currently, marketing is growing so fast and competition is becoming high. This renders the less advantaged firms to be closed down. After ascertaining well about its competitors and what its consumers mostly prefer, the venture will be in a position to begin it's operation again hence performing better than earlier.
Reinstating an operation will help to release assets not owned or rented from others. Not all the assets that assist in running an office belong to the institution concerned. Some might be belong to independent investors and the office might have been closed down while operating using these assets. Reinstating these offices will enable them to return these assets back the owners.
Re-establishment is also done to make claims against the firm. At times employees face risks and uncertainties. For instance, they might be injured and so the company is held liable. Depending on the injury, the enterprise might decide to pay the injured employees as compensation. T hese employees are an asset to the firm thus making it necessary to compensate as they will help in boosting the growth of the business.
A good relationship is important in any organization. Once a commercial business has been closed, contractual activities that have been in progress are also delayed or completely stopped. Reopening it will help these contracts to pick up from where they stopped. Relationships are brought back enabling those concerned to perform their responsibilities as expected.
Rehabilitation of ventures also helps those who had made contributions to the firm in form of retirement plan to have them paid. Due to the high cost of living for the aged people, most of them have been advised to at least have a small portion of their income saved. Old people are susceptible to diseases associated with old age hence when this pension matures, they can live a better life with no worries.
Enterprise rehabilitation has helped to protect human rights. This is because most employers have been known to misuse their employees. For instance, the input is not equal to the output. Research has shown out that most employers pay their employees less than what they produce. Once rehabilitation is done and strict rules enforced human rights will adhere to and employees will enjoy a conducive environment that best suits their needs and benefit from their hardworking.
Reestablishing an organization will not only help it be wound up but also to share its assets to the shareholders based on their contribution. Some shareholders might decide not to continue once the firm has been closed down. So, once rehabilitated, they will be able to have their shares back and start their own income generating activity.
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