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Print Form SUBMISSION FORM FOR APPROVAL OF OUTSIDE BUSINESS ACTIVITY / DBA Instructions: FOG Outside Business Activities (CBA) include all activities for which you receive any form of compensation
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How to fill out outside business activity- approval

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How to fill out outside business activity- approval:

01
Start by obtaining the required form from your company's HR department or compliance team. This form is typically used to disclose any outside business activities you are engaged in.
02
Begin by providing your personal details, such as your name, employee ID, and department.
03
Next, describe the nature of the outside business activity you are involved in. Be specific and provide as much detail as possible. This may include the type of business, your role or position, and any financial interests you have in the activity.
04
Indicate the duration of the outside business activity. Specify the start and end dates or indicate if it is an ongoing venture.
05
If applicable, disclose any relationships or connections you have with clients, customers, or suppliers related to the outside business activity. This is important to ensure there are no conflicts of interest.
06
Provide information about any financial compensation or benefits you receive from the outside business activity. This should encompass details of any salaries, commissions, or bonuses, as well as any equity ownership or profit-sharing arrangements.
07
Declare whether the outside business activity competes with your current employer or may potentially create a conflict of interest.
08
Lastly, sign and date the form, acknowledging that the information provided is accurate and complete. Ensure that you understand any additional requirements or policies related to the outside business activity approval process.

Who needs outside business activity- approval?

01
Employees who engage in any outside business activities, such as starting their own business, consulting, freelance work, or serving on external boards of directors, typically need to seek outside business activity approval.
02
The requirement for outside business activity approval may vary depending on the company and industry. Some organizations have stricter policies governing outside activities due to regulatory or ethical considerations.
03
It is important for employees to consult their company's policies and guidelines to determine if they require outside business activity approval. Failure to obtain approval when necessary may result in disciplinary action or termination, particularly if the activity represents a conflict of interest or breaches any contractual obligations with the employer.
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Outside business activity approval refers to the process of obtaining permission from a company or organization to engage in activities outside of your primary job responsibilities.
Employees who are planning to engage in activities outside of their primary job responsibilities are required to file for outside business activity approval.
To fill out outside business activity approval, employees typically need to provide information about the nature of the outside activity, potential conflicts of interest, and the time commitment involved.
The purpose of outside business activity approval is to ensure transparency and compliance with company policies, as well as to identify and mitigate potential conflicts of interest.
Information that must be reported on outside business activity approval typically includes details about the nature of the outside activity, any potential conflicts of interest, and the expected time commitment.
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