The Role of FASB to Business. In 1973, the Financial Accounting Standards Board was established to develop a set of financial accounting standards known as generally accepted accounting principals ...

In a preference capital budgeting decision, the company compares several alternative projects that have met their screening criteria -- whether a minimum rate of return or some other measure of ...

Trade lines are often established between a business and a vendor, as opposed to a line of credit offered by a bank. A building supplies store, for example, might order several pallets of pine ...

The internet experienced an incredible boom, followed by a crash or leveling events of sorts. This is popularly referred to as the dot-com bubble. The bubble was peaking through the late 1990's ...

How Consulting Companies Work. Consulting firms lend valuable expertise and provide advice and guidance in many specialized areas of business. There are consulting firms for engineers, human ...

Accounting Software for a Sole Proprietor. As a sole proprietor, you must find time-efficient and cost-effective ways to perform accounting functions on your own. It may not be viable to hire a ...

How to Decide Whether to Go Into Business for Yourself. Taking the leap into entrepreneurship can be an exhilarating yet terrifying experience. The opportunity to make your own decisions, pursue ...

The United States Small Business Administration (SBA) exists for the purpose of supporting small scale business in the US. The SBA was created in 1953 under the authority of the Small Business Act ...

How to Check If an Online Company Is Legitimate. Dealing with other online companies is a standard business practice in today's Internet-reliant age, whether you're outsourcing for contracted work ...

Importance of Incentive Plans. Incentive plans are formalized approaches to offering recognition and reward to employees for meeting pre-established goals or objectives. Incentives may include ...

Bakery Industry Analysis. A growing albeit paradoxical trend in the bakery industry, noted by the industry profiler Report Linker, is that U.S. consumers are hungering for both healthy baked goods ...

Information Technology & Its Role in the Modern Organization. Information technology (IT) has become a vital and integral part of every business plan. From multi-national corporations who maintain ...