A business can announce its revenue growth as a percentage. Percentage growth equals the most recent period's revenue minus the previous period's revenue, divided by the previous period's revenue ...

An economic expansion is the other part of the business cycle, as defined by the NBER, which is the period of economic growth from the trough to the peak. It begins when the recession ends and ...

The Difference Between a Capital Budget Screening Decision & Preference Budget. When a small business is contemplating a significant investment in its own future growth, it is said to be making a ...

Fair Labor Standards Act of 1938. The Fair Labor Standards Act, signed into law by President Franklin D. Roosevelt in 1938, set a minimum wage, overtime requirements and standards for child labor ...

The average warehouse business costs between $10,000 and $50,000 to set up. You will want to obtain some initial background information about the warehousing industry before starting your venture ...

When you start a business, you may consider taking out a loan to help cover expenses. Debt may be necessary, but you need to be very careful about taking out loans. Berkshire Hathaway does its ...

How to Conduct a Board Meeting Properly. Board meetings are an integral part of a business. These meetings inform the board members about the current condition and future strategy of a company ...

Why Are Service Franchises More Labor-Intensive?. Service businesses in general tend to be more labor-intensive than manufacturing or retail business. There are few service businesses that can be ...

The cost of materials or product acquisitions are among the key variable product costs considered in the contribution margin. If your raw materials costs increase as a manufacturer, your ...

Minimum wage increases can also create negative situations for employees. Wage increases can push the employee's annual income into a higher tax bracket, of imposing a higher marginal tax rate on ...

A company must always act in the stockholders' best interest by making sure its decisions enhance shareholder value. Stockholders do not have a say in the day-to-day management of a company, but ...

Perhaps the most important element of accounts receivable is tracking uncollected profits. Non-payment data is key in organizational attempts to collect on past due accounts, establish repayment ...