Gross receipts and gross sales both define the total amount of money that your business has received in a given period, such as a year or quarter. The primary difference is that gross sales refers ...

Investment companies invest in various securities, such as cash, bonds and stocks. Diversified investment companies, such as mutual funds, usually invest in several asset categories and in different ...

Corporate philanthropy refers to the actions that businesses take to improve their communities and society in general, including addressing the impact a business has on society, according to the ...

Advertising space is everywhere – and all businesses, large and small – are in constant competition for consumer attention. Propaganda advertising is a technique that plays on the emotions of the ...

An organization's leadership structure determines how workflow, accountability and authority work together. Hierarchical leadership employs a top-down, pyramid-shaped structure with a narrow center of ...

A contingency fund is money reserved to address unforeseen financial circumstances in a business. This can include an opportunity to purchase a large asset at a reduced cost, or an emergency, such as ...

Any business in today's fast-moving environment that is looking for the pace of change to slow is likely to be sorely disappointed. The world is changing everyday: the population is changing, customer ...

Product turnover, or inventory turnover, is a measurement for the speed a company sells the products or inventory it has on hand. Unlike some other turnover rates in business, such as employee ...

Thrift stores, or shops that sell previously owned merchandise, have been called "recession-proof," meaning economic downturns don't really put a dent in their profit margins. But if you're ...

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 success of a small business depends on its ability to continually earn profits. Profit equals a company's revenues minus expenses. Earning a profit is important to a small business because ...

Nonverbal communication comprises of your overall body language, including your appearance and posture as a form of communication with others. Rather than using words, people can communicate using ...