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 ...

Public companies have both shareholders and employees, and must find ways to maximize their value separately. Shareholders are considered partial owners of an organization, although business owners ...

Small-business owners are constantly faced with deciding how to finance the operations and growth of their businesses. Do they borrow more money or seek other outside investors? The decisions involve ...

Business owners need to be aware of how different colors affect the emotions of their target audience. Attention-grabbing is one thing, but overbearing color combinations could turn prospects away.

When you first enter or are in the business world, you must know how to dress appropriately for any given situation. What you wear for an interview or career fair is likely to differ from your ...

Understanding the difference between sales revenue and profit is quintessential to understanding the principles of economics, business analytics and accounting. Both are examined when determining the ...

For a very long time, the grocery business has maintained extremely low profit margins. While parts of a larger supermarket differ in their margins, the main aisles remain at about 1 percent, the ...

When an employer hires a new employee, he is not just bringing a new member of the workforce aboard, he is also starting a new relationship. Because employers and employees often work in close ...

All businesses lose customers, and some businesses lose customers at a faster rate than others. The problem is known as customer churn – the number of customers who leave the company in a given period ...

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 ...

Behind every great product is a great team. Like soccer teammates passing to one another to find the perfect shot, each teammate plays a specific, meaningful role. Teamwork at the workplace has been ...

Conducting a skip-level meeting provides additional insight into what's happening in your company or organization. In a skip-level meeting, upper-level management bypasses mid-level management to talk ...