Business Management

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...

Balancing your bank statement each month will help you stay on budget. Track and manage each of your accounts' transaction history and balances, your debit card transactions or purchases.

Pick a fundraiser that only requires the time and resources that you and your company readily have available. Some events require little planning and would not interrupt business operations. Other...

A pro forma profit and loss statement, also known as a pro forma income statement, is a projection of a business' anticipated profitability. It is a management tool to help forecast a company's...

When a company opts to issue stocks, which is equity, or bonds, which is debt, in the financial markets, either decision carries some risk. Despite the risks, issuing stocks or bonds in the stock...

Entity-relationship (ER) diagrams demonstrate relationships between the persons, places and things in an enterprise. An auto service business Crow's Foot entity-relationship diagram illustrates...

An affinity wall is a business research tool that helps you visualize connections among data gathered from interviews and observations within an office. Affinity walls begin with pieces of paper...

Part-time employees play an important role in the success of many businesses. Often more cost-efficient than full-time employees, part-time employees do not receive overtime if they work...

Holograms are used on credit cards to make them harder to forge. Amidst today's global financial gloom, the technology is important in order to make credit card scams harder to perpetuate.

A dental office must abide by many laws, rules, and regulations. A dental office manager must understand these laws, and ensure that their staff is in compliance. Dental office management...

Office environment, stress level, co-worker relationships and employee psychology make up an organization's culture. Assessing organizational culture through the metric created by Stephen Robbins...

One of the important lessons you learn in microeconomic class is that companies operate to make profits. The concept is not too far off for credit card companies who charge interest rate to...

Financing for business growth can come from a variety of sources, depending on the size, age and type of your business. Small-business loans subsidized by the Small Business Administration are a...

Boards of directors play a crucial role in nonprofit corporations, founding the new corporation, overseeing legal processes and determining operational needs. The board interviews and hires an...

Contract labor gives independent contractors more flexibility in determining their working conditions, as opposed to employees who are subject to the work conditions prescribed by employers.

Outstanding personal credit card debt or poor personal credit only has a minor effect on applying for a business loan. Lenders use the credit rating of the business, not that of its owner, to...

Collection agencies fill a need far more important to businesses in tough economic times than in a better economy. With cash flow squeezed by slow or non-paying customers, it might be necessary to...

Ecommerce shopping cart abadonment is a common problem for online business owners. Consumers who feel overwhelmed are likely to abadon your online store and never returen. There are steps to...

We would love to say that all of our employees are great all the time, that they never do wrong, and that we couldn't live without them. But, let's be honest, there are times when they just plain...

A certified interior designer has the capacity to work within your estimated budget based on your design project. Before hiring a certified interior designer, one should ask questions background,...

Managers have an immense amount of responsibilities to complete on a daily basis. Tasks can be made easier though their employees. However, Managers have to remember that their employees will...

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...

Learning how to write for a nutrition grant takes time, patience, preparation and practice. Nutrition grants, like other grants, provide money to non profit organizations or individual...

Business judgment collections cannot be stopped without serious legal actions taken on the part of the debtor. A judgment in most states will last for years and can be renewed.

Viewing a business' credit report requires visiting the website of one of the three major credit bureaus (Experian, Equifax or Transunion) or contacting one of them by telephone or mail. Business...

In this slow economy, many business owners are looking for ways to cut costs. Cost-cutting reviews should be done yearly to ensure the efficiency and effectiveness of your business. Operating at...

A cash budget estimates cash inflows and outflows for a business for a specific period of time. Monthly cash budgets let you know what your available cash reserves are for a given month so you...

If you have ever worked outside the home, you probably know about OSHA. The Occupational Safety and Health Administration exists to keep the workplace safe and productive for employees. It is also...

As an individual extending credit to consumers, you have the ability to help other investors determine the credit risk for the consumers who work with you. If consumers pay on time, the debt can...

When starting a nonprofit business in Tennessee, it is extremely helpful to seek legal aid to ensure that all of your forms are properly filled out. Attorneys also provide an outline of what you...

Staff scheduling is a crucial part of staff management and is important from a number of aspects. A business must be able to effectively schedule staff that can cope with demand effectively, and...

Leadership is a skill that is learned through time and experience, yet its principals are often misunderstood in modern-day business. For any business to prosper in the future, it requires that...

Bottling companies consider switching from glass bottles to an alternative for several different reasons. Sometimes "greener" choices, thought to be more environmentally friendly, make sense. In...

As a business owner, you probably use several strategies to prevent bad checks. Despite your best efforts, you will likely receive an occasional check that was dishonored by a customer's bank....

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

VoIP (voice over internet protocol) telephony represents a major shift in the voice communications of the past, and is the "buzz word" on the lips of nearly every industry analyst,...

In today's mindset for society, you have to be on your (A) game at all times if you really want to make it beyond mere mediocre success. Each additional skill learned, each additional insight...

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...

If the thought of writing a performance review fills you with dread, you are definitely not alone. The Harvard Business School discusses the almost universal dislike for the process and asks if...

Cost management techniques enable budget creation based on operational expenditures. Use cost accounting practices in your business to support decision making processes. Doing so reduces costs and...

The Patriot Act was signed into law by President George W. Bush in 2001 to increase the ability of law enforcement agencies to search email, telephone and financial records without a court order....

Air compressors convert air to energy. Used to power mechanical equipment of many sizes, compressors come in various sizes and capacities. Using different pieces to operate and sustain the energy...

The best way to pay a home worker depends on the type of work he does, his skill level and commitment to the job. Also factor in your own comfort level with the risks and legal gray areas that can...

Depending on the type of medical degree you earn, you may opt to start your own private medical practice. A medical practice, however, is a business just like any other. Your patients are...

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. ...

A D&B number, also referred to as a DUNS (Data Universal Numbering System) is a unique nine-digit number that is assigned to your business by Dun & Bradstreet, one of the major business...