A "need" is something you have to have, a necessity. We all need food, shelter, clothes and other basics. A "want" is something you would like to have, but don't really need. Try explaining that ...

Trucking can be an exciting yet dangerous profession. Your key to long-term success in the trucking industry is to have an up to-date and effective trucking safety plan. This plan should be ...

The National Do Not Call Registry has been in effect since January 1, 2005. When an organization accesses the list for the first time, it must create a profile that includes its name and address ...

The make-or-buy decision is a choice that product-oriented businesses face: Should the business make particular units (products or component parts) in-house, or should they buy them from a supplier?

Pricing products is probably one of the most difficult things a business owner has to do. The selling price of the product must be high enough to cover costs and make a profit and yet not so high ...

Performance evaluation season is usually a difficult period of time for both employer and employee. As a small business owner, you most likely want to complete this process as effectively and ...

Online streaming has become big business in recent years, with services such as Netflix rapidly increasing in popularity. Improvements in streaming technology look set to continue this trend ...

According to U.S. Census Bureau projections, the U.S. population will be 31 percent Hispanic, 14.7 percent black and 8.2 percent Asian by 2060. As America becomes more diverse, businesses and the ...

In 2002, the passage of the Sarbanes-Oxley Act brought with it major changes in regulations pertaining to corporate governance and financial practices. Although whether SOX guidelines apply to ...

An LLC and a PC are similar, but also are distinct forms of business structures. LLCs -- limited liability companies -- offer the best features of proprietorships and partnerships, with the added ...

An organization is made up of many people and activities. Companies plan for the future and manage the present. They budget, report and track success by developing processes and systems that ...

Net working capital and retained earnings are both important indicators of a company's health. Net working capital describes a company's liquidity -- how well it can pay its bills. Retained ...