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A corporation and other business entities act through the board of directors. If you are a member of a company's board of directors, you know company moves and policies are proposed to the board...
The risk-free rate is usually based on United States Treasury bills, notes and bonds, because it is assumed that the U.S. government will never default on its debt obligations. Credit-adjusting...
S-Corporations are corporations that meet certain qualifications under the Internal Revenue Code that renders them exempt from most federal taxes. While this exemption is certainly an advantage...
The recording of stock options is governed by Statement of Financial Accounting Standards # 123R. Booking the accounting entries is not the hard part; the hard part is valuing the options. ...
The IRS classifies corporations into two types, S corporations and C corporations. S corporations must meet certain requirements and are exempt from most federal corporate income taxes (although...
Since the passage of the Sarbanes-Oxley Act in 2002, people reporting fraud within a public company have enjoyed legal protection as whistle-blowers if they experience retaliation for their...
Business is all about negotiation and negotiation is all about harnessing as much information as you can and using that information to strike a deal. As the seller, you want the most money...
A Technology Needs Assessment is written to provide the management of an enterprise with the information they need to make technology investment decisions. The enterprise may be a large...
Entrepreneurs are idea people. They may have hundreds or even thousands of business ideas across their lifetimes, and some of them will be quite good. Successful entrepreneurs are those who can...
When a company goes bankrupt, the most important question is "Who owns what?" This is a particularly important question if you are seeking a white knight buyer for your failing company or...
Dynamic business environments are characterized by the ability to respond to changing trends. Critical to success is creating value by emphasizing alert entrepreneurship and managing risk. The...
In "Managing Corporate Lifecycles," Ichak Adizes says the courtship stage is rife with the possibility of terminating in "an affair" when an entrepreneur hits a rough patch. The start-up...
How healthy and strong is your business? Is it able to endure an economic turndown? Will it survive the lean years? Businesses can avoid many of the pitfalls that cause thousands of business each...
Completing a thorough self-assessment is necessary for for-profit businesses and non-profit operations to properly expand their business and organizational structures. Strategic decision-making...
Interest rate risk to a borrower is the risk that rates will rise in the future. Many types of personal and corporate debt are floating, which means that the interest rate can be reset or move...
For the sake of their credit and their credibility, all owners should know how to close a business. Certain precautions protect those involved in business dissolution. Avoid legal hassles by...
Operating a pizza shop can be a lucrative business in the right locations (such as in college towns and towns with a young demographic and a growing population). While it makes a nice career, it...
A narcissistic boss has an insatiable need for admiration, is obsessed with self-importance and is devoid of empathy. In an effort to have people admire, applaud and envy him, he stops at nothing...
Fortune magazine began its list of the 500 largest U.S. companies by gross revenue back in 1955. It has become an important, if not symbolic, indication of a company's arrival in the big leagues...
In these trying times, small businesses are suffering tremendous losses. When the economy is stable, there is little time to worry about issues like the debt to income ratio and break-even points...
Running an effective and potentially profitable business always involves solid planning, organization and realistic expectations. After you have a few basic foundations of an event vendor business...
An estate liquidation is similar to an estate sale, but here the goal is to empty a property’s entire contents. An estate liquidation is handled by an estate sale organization and can involve not...
Selling an LLC business is more of a process than an event. Regardless of how your business is structured--LLC, corporation, or partnership--the process is about the same. Most business owners...
Glance at the statistics or consult a recent census: good health, active lifestyles and medical advancements have added years to the lives of seniors. Ultimately, even the healthiest men and women...
Board Members, management company personnel, related professionals, support personnel, and vendors are dealing more now than ever before with angry and upset owners and residents. This is...
Renting a home to a family can be a great way to earn residual income. Choosing the right home to purchase is one of the most important factors. For example, a home that needs a lot of...
Grants are awards of financial assistance to individuals and nonprofit organizations. Awards are generally made, following a review of proposals, to projects the grant maker deems both worthy and...
Enterprise resource planning software (ERP) can either make or break your company, depending on how well you implement it. ERP programs such as PeopleSoft or Microsoft Dynamics AX or Epicor are...
Laytime is the time, determined by the charterer, allowed for loading and discharging cargo. The laytime is spelled out in the voyage charter, and the wording of the laytime clause in the voyage...
More than 45,000 companies and 300,000 self-employed individuals post revenues of about $30 billion per year in the U.S. education and training services industry, according to Hoover's. The...
Outsourcing IT functions will enable your organization to focus on core businesses and reduce development costs. But creating an effective model will depend on your company's ability to manage...
Collection agent may be the most reviled job in America. No phone call causes more trepidation than one from a collections agent. However, all a collections agent is trying to do is collect a...
A great motivational gift is hard to find, especially when you are conveying a specific message. If you don't present the right image, your message might not take hold. That's what makes the item...
Growing consumer markets is an important goal for business managers. There are several ways to grow consumer markets: you can increase the amount of product you sell to existing consumers, or you...
Supply-chain management used to be simple. A customer ordered a product from you, and you kept track of the items sold and ordered enough raw materials to keep up with the demand. But customers...
Securing venture capital is a critical turning point in the life of a start-up company. Venture capitalists do not just bring money to the cash-strapped start-up, but also offer counseling in...
A financial audit report is a report of a corporation's financial statement accuracy. Publicly traded companies are required to undergo an audit. These audits have guidelines published by several...
The American Stock Exchange (AMEX) in New York was acquired by NYSE Euronext in 2008 and rebranded as NYSE Amex Equities. The NYSE maintains minimum standards for companies seeking to get on the...
The Sarbanes-Oxley Act was passed in response to the numerous corporate scandals that occurred in the early 21st century. Sarbanes-Oxley represents an attempt by the federal government to dictate...
You've worked hard to develop your business into a successful enterprise and you're ready to expand. Franchising is a great avenue to expand your business without having to grow your own business...
You dream of becoming a business executive but are unsure of the exact path to reach your goal. Competition to reach the upper echelon of the business world is fierce, so you will need to know how...
The Number 1 thing that you should get out of this article is how to look beyond the obvious for money to be added to the bottom line of any business.
When the principal player in a business plans to leave, a detailed succession plan needs to be followed to ensure that the business not only survives the transition but thrives for years to come....
To change from a corporation to a limited liability company (LLC), the corporation has to be dissolved and an LLC organized as if the previous company never existed. The challenging part of the...
EVA, or economic value added, is a non-GAAP (generally accepted accounting principles) financial performance metric. EVA is a measure of shareholder value and is said to be an estimate of the...
The 2009 Economic Recovery Act created significant tax credits for the development of alternative energy generation. These credits are especially helpful for wind energy development across the...
Despite years of gradual harmonization, there are still significant differences between the International Financial Reporting Standards (IFRS), recognized by the International Accounting Standards...
According to the Urban Institute's "The Nonprofit Almanac 2008," "in 2006 nonprofits accounted for 5 percent of GDP, 8.1 percent of the economy's wages and 9.7 percent of jobs in the United...
As health care organizations grow and change to cope with regulatory demands, consumer expectations, rising costs and insurance reimbursement policies, managers are required to keep up with...
No oil was extracted in the United States until Edwin Drake dug the first oil well in 1859. Other companies that were drilling for salt knew there was oil to be had, but they were not convinced...