Internal Policies Regarding the Creation of Business Essay

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Internal Policies Regarding the Creation of Business Contracts and Electronic Communications

First and foremost, the most important aspect of business contracts is to have them. "In our experience, it's mostly been the buddy-to-buddy or 'bro deal' projects that take a turn for the worse due to a lack of professionalism" (Reeve & Payne 2009). Before the start of any project, a contract must be drafted defining the deliverables and scope of the project. After the contract is signed, "be sure to keep it handy. Refer to the contract to manage your internal team" and to deal with any issues that arise during the completion of the project (Reeve & Payne 2009). While sometimes changes are necessary because the project's time and budget expands beyond the original parameters of the contract, the contract is the ultimate 'anchoring point,' of the enterprise. Contracts should be specific, but also contain clauses which make provisions for unexpected occurrences.

Particularly when dealing with subcontractors whose input can be of great significance in ensuring the timely completion of the project, since even delays of a short duration of important component parts can add up over time, the contracts must specify that the contractor must keep track of how he or she utilizes the given time frame and have specific deadline by which the contractor can notify the company of any delays.

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All contracts should contain provisions noting when the contract is null and void, due to delays, the inability to perform, or ethical breeches on the part of the contracted entity.

As well as clearly-delineated contracts with contractors and clients, the organization must similarly have detailed policies regarding electronic communications, which is a vital part of firm activity. "While electronic communication tools are tremendous assets to our company when used appropriately, abuse of these resources can put both employees and the company at risk" (Buchanan 2010). To minimize the impingement of corporate security by external threats such as viruses and other malware, surfing the internet and sending personal emails from a work account….....

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