Other Business Management

Good record keeping is one of the most important parts of running a business office. Lost documents can cost businesses and customers a small fortune. Unfortunately, many businesses do not track...

Recording a fixed asset purchase, when you write a check for it is straight forward, but when you finance a vehicle, its an asset and a liability. Purchasing a truck or car on credit rather than...

In the previous article in our example of a letter which expressed dissatisfaction for work done by a concrete company, the response to this letter may be negative even though you have done...

Sometimes in business there are occasions when you are not happy with the work that someone has done. You may have expected something completely different from what was actually delivered. This...

In the last article more rules on how to address a business letter were discussed such as where to place the date, how to address the person you are writing to known as the salutation, keeping the...

Three rules for writing business letters, not indenting the paragraphs, printing both your own address and the address of the other party and letting the other party know what you are writing...

Every business that takes checks from customers someday has to face a returned check for insufficient funds. This does not have to be something to be feared as long as there is a policy and...

Many of these homes are graced with natural slate walls and warm earthy colors of paint.

The cost of paper cups can add up to a substantial amount over time, especially if you're buying them for multiple office break rooms. If you're looking for a way to reduce facilities costs, this...

How do you write a business letter? Business letters are different from the informal letters you may be used to writing. It is important to follow the rules of writing business letters in order...

Dun & Bradstreet is one of the largest business credit-reporting agencies. The company has a large database with more than 140 million business records. Like consumer credit agencies, Dun...

Obtaining a credit report is a crucial part of the screening process before renting someone property. Prospective tenants who have credit reports in good standing are less likely to give you...

A recession is parallel to a hurricane; the latter is a violent storm and a recession is a violent economic storm. Both disasters can be predicted, but there is no way to actually measure the...

Effective employee training is the foundation of any business operation. When your company's quality management system is certified to the ISO9001 Standards, all activities related to the quality...

There are more than a few ways to earn money from home. If you are not a paid-to-click ads or do surveys kind of person, I’ll tell you how to sign up with a company you can write with called Livework.

Screening the credit histories of potential candidates who want to live in your rental properties is an important step in the application process. It will help ensure that you receive your rental...

Chair massage is not only a great way to provide inexpensive massage to a wide range of clients, it can also be very profitable and lead to steady and lucrative massage work. The most important...

As a landlord, before you rent an apartment or home to a possible tenant, you'll want to check his credit so you can review his bill-paying habits and see if he has any evictions or lawsuits from...

Do you sometimes feel society has become one big help desk? Think about it. You call one when your computer crashes and another when you need assistance cooking your Butterball® turkey. The...

With the start of the holiday season, the hustle bustle is officially underway. Adding another chapter to your “to do” list on an already over booked calendar can be a bit overwhelming. Now...

Debt collection agencies assist companies who extend credit to collect bad debt. Performing due diligence is an important aspect in the hiring of a debt collection agency. There are many...

A Dun & Bradstreet number (or D-U-N-S number) is a nine-digit code that identifies your business among a worldwide database of more than 100 million global businesses. A D-U-N-S number helps...

An EIN, or Employer Identification Number, also known as a Federal Tax ID Number, is a legal requirement used to identify a business. Sole proprietors are not required to use an EIN; however, an...

It can be frustrating when, in good faith, you provide services or goods to a customer only to have their bank return the check they wrote to you stamped non-sufficient funds. You have called the...

Anyone can organize a file into a file drawer, but if you follow some essential steps you will spend less time locating important pieces of paper. It is important to choose the right supplies and...

Do you occasionally miss meetings, medical appointments, or events because they aren’t on your calendar? Have you ever spent your lunch hour frantically running through stores in search of a...

Creating a safe work environment is one of the most important tasks for a manager. A safe workplace enables the employees to work comfortably without concerns for their own safety. A proactive...

Planning to be successful is the only way to become a success.

Expectations and requirements to pass fire inspection vary according to ordinances, codes, and standards where your building is located. The experience and training of your inspector can also...

Writing a business letter or email that effectively communicates a precise message is a skill that can and should be learned by anyone in business. Effective business letters are clear, concise...

Your employer identification number (EIN) is used by the Internal Revenue Service to identify your business and process your tax information. If you misplaced your EIN, there are several ways to...

Producer surplus is a term used in economics to represent the additional economic benefit that a producer of product or service receives above and beyond the lowest amount of money it is willing...

Even the most well-managed companies can face disastrous financial problems. If this has happened to your business, you may be thinking about filing for company bankruptcy. Although a bankruptcy...

Each registered business and non-profit organization is provided a federal EIN number for tax purposes. Businesses and non-profits will often have the need to verify the tax ID (FEIN) number of...

The logical arrangement of a place is a helpful guide for most visitors. Some hotels in the world, such as the Danish FOX Hotel in Copenhagen or Berlin's boutique-hotel City Lodge, have made an...

Have you ever got out of bed and really not wanted to go to work? Have you ever wondered what it would be to never take orders off anyone ever again? Have you wanted to be your own boss? Do you...

Impulse buying is something that can generate a large amount of revenue for your business. For example, many grocery stores organize their products in a way to stimulate impulse buying. This...

Statistical Process Control (SPC) is a process improvement and quality control strategy that uses statistics-based techniques to monitor processes and identify areas for improvement. Dr. Walter...

We have probably all met people who judge us based on particular religious beliefs. With often serious conviction we are instructed how we are not spiritually ‘doing things correctly’. For many of...

Setting the agenda is one of the most critical parts in planning an effective meeting. The agenda sets the tone for the meeting and lets the participants know what to expect. Meeting agendas also...

Managing your appraisal company can be a difficult task. What this is about is having the right tools for easier management of an appraisal company.

Before you sign any type of contract or legal document, you should take some time to read it so you understand the terms. If there are terms that you cannot agree to, talk to your salesperson...

Trying to figure out how to have success in your business means not only analyzing all aspects of your business, but also analyzing all aspects of you, as a manager. In our quest to grow a...

Focusing on customer dissatisfaction issues is one of the most important things businesses can do if they are to resolve customer complaints. A customer complaints program allows for the tracking,...

Meeting minutes can be the most tedious part of a meeting, as well as the most important. Not only do they need to be referred to by participants, but they may be used by auditors and even courts....

Current ratio is a measure of your business’ ability to meet its current liabilities using current assets. Current ratio is an indicator of liquidity or the amount of money available to pay your...

Consumers can be offended for many reasons, some of them logical and some completely irrational or unrealistic. The problem is, once you've offended a customer once, you very well might have lost...

With the ever-increasing growth of technology solutions, now is the perfect time to take advantage of it, and tie it in with your Records Management program. Tired of searching for lost or...

As an independent salesperson you have the freedom to be your own boss, but still sell a known product. Sometimes tax season can be overwhelming for someone that is not used to having to keep...

Spam can be a pain, and unfortunately is an all too common occurrence on the Internet. With a few simple steps, you can cut off the spammers, make your Web surfing experience less stressful and...