Renovating your office space is a smart business move. Not only is it prudent to stay on top of any repairs that need to be done, a revamp can change how employees and clients perceive your business.

The all-American hot dog can be the foundation of a thriving small business for a hungry entrepreneur. Hot dogs are always in demand in our grab-and-go culture. Americans spent more than $3 ...

To effectively sell a product or service, organizations have to know how consumers behave with regard to what they buy. The study of consumer behavior involves examining what products certain ...

The organizational structure of an advertising agency consists of the same basic elements, regardless of the firm's size. An account services team manages client relationships, the creative team ...

Cooks prepare a large volume of food during meals in a commercial kitchen. The pace is hectic with various dangers, including cuts on sharp utensils, burns, and falls on slippery kitchen floors.

Gross profit margin is the percentage of revenue you retain after accounting for costs of goods sold. The figure is common and much needed as a basic means of measuring your business profit.

A divisional organizational structure consists of parallel divisions, or operating units. These division might be responsible for a product or service, a geographical location, or a customer group ...

As a business owner or operations manager responsible for production, understanding the supply chain is essential to the success of your business. Any obstacle or impediment to the smooth flow of ...

Internal controls are policies and procedures put in place to ensure the continued reliability of accounting systems. Accuracy and reliability are paramount in the accounting world. Without ...

When a business draws up a budget, it sets a target for spending. The number represents a limit; if the company spends more, then it has gone over budget. An important factor in this calculation ...

When a business opportunity presents itself in another country, you need to be ready. Part of that preparedness is knowing and understanding cultural differences. Business News Daily points out ...

To gain the maximum benefits from your company's information system, you have to exploit all its capacities. Information systems gain their importance by processing the data from company inputs to ...