Product pricing can spell the difference between success or failure of a retail apparel business. Charge too little, and you won't make enough to cover your costs. Charge too much, and your ...

Private and governmental entities use separate accounting standards to create their financial statements and manage their funds. Without knowing the differences between the standards, it is harder ...

Managerial accounting is used by a company's managers to help in planning and implementing day-to-day operations. According to Accounting in Focus, managerial accounting is used in businesses such ...

Somebody starts with an idea for a message. Then they finesse it, develop it and select the medium, or channel, for the message. When they're good and ready, they send the message, and someone ...

National economies are a mix of consumer, business and government financial activity, with consumer spending the largest driver of the U.S. economy. Consumer spending accounted for approximately ...

When markets in foreign countries offer a higher profit potential than your home market, it makes sense to expand internationally. As you prepare your expansion and research target markets in ...

An architect's choice of the best legal structure for her company depends on many things, including the ease of formation, documentation, desire for investors, state licensing and statutory ...

Getting your business off the ground or taking it to the next level usually means securing funds from a small business investor. This provides an attractive way to get working capital in exchange ...

Your company's inventory policy affects its ability to turn sales opportunities to sales revenue quickly, allows it to take advantage of quantity discounts, and safeguards against price changes or ...

Strategic adaptability is a planned ability to react effectively when business and environmental factors change unexpectedly. Many companies do a good job planning how to operate when things work ...

Webcams were once the province of casual chatters or adult-oriented websites, but they have now become business tools. With notebook computers, tablets and smartphones frequently including front ...

Supply chain management helps small businesses meet purchasing and production requirements efficiently. The Council of Supply Chain Management Professionals defines the process as "the planning ...