A sole proprietorship is a business with a single owner and not registered as a corporation, partnership or limited liability company. A sole proprietor can work as an independent contractor or ...

When a business acquires another company or expands its operation into an unrelated business category, it engages in unrelated diversification. It is often risky for a company with strengths in ...

The code of business conduct is also referred to as the code of ethics, depending on the company. It is a set of principles designed to guide workers to conduct themselves with honesty and ...

A medium scale business is often the awkward middle child of its industry – too large to get the discounts and services afforded to small businesses and too small to have the weight and prestige ...

In the past, most small-business owners got by with a typewriter, handwritten notes and a basic text-editor program, but modern-day business professionals depend on a word processor. Whether you ...

Even during a tight economy, small business owners look for ways to attract and retain high quality employees. One common way to do this, especially in start-up companies that don't have huge ...

Companies need to change because of continually changing business and economic conditions. Change management is a combination of concepts and strategies for the effective planning and ...

Special order manufacturers and construction companies often assign direct and indirect expenses using job-order costing. A main reason is that assigning expenses on a per-job basis makes ...

Entrepreneurs who own seasonal businesses must manage the effects of seasonality on working capital. When most business sales occur during a certain time of year, working capital can fluctuate ...

There are about 6700 retail bakeries in the United States, that have a combined revenue of about $3,000,000,000. That puts the average revenue per bakery at about $450,000. The 50 largest players ...

The closing of a business affects owners, employees, customers and the public. Owners must unload inventory, equipment and other property, while employees hunt for new jobs and their communities ...

Writing a business strategy is an essential aspect of starting and running a business. Without a clear strategy, it is difficult to set meaningful goals and objectives. In determining your ...