What are financial relations?
‘Financial relationships’ indicate the relationships in which an individual and/or multiple parties receive a financial advantage by accumulating any type of financial benefits. For example, by receiving a salary, profiting from intellectual property rights, ownership interest (e.g., stock investments), or other capital gain via alternative financial assets.
In any of the above mentioned cases, a legal agreement and understanding is undergone by those involved in the financial relationship. It's important that all terms of the agreement are made clear and that there is no miscommunications or misinterpretations of information present. In this case, the help of a financial PR consultant could be enlisted to make sure that an acceptable level of clarity in communication (verbal and written) exists.