Whether you're a small-business owner doing your own books or you have an accountant crunching the numbers, one of the most important tasks is footing: to add the numbers in a single column and arrive ...

"Z-pattern advertising" constructs advertisements based on the theory that people will scan images from left to right and, to a lesser extent, top to bottom. Ads with a narrative flow may benefit most ...

Normal can be a state of mind: What's a normal markup in high-end fashion may be an inflated figure for a fast-food franchise. To arrive at a realistic markup percentage, investigate markups in your ...

Without a go-to conflict resolution technique for your workplace, two very different individuals may have a hard time communicating while under stress. That's why it's essential for managers and ...

A resale number allows your business to avoid paying sales taxes on items purchased for resale to customers. A tax ID number, on the other hand, identifies your business in your dealings with tax ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...