Business Management

International management is an incredibly broad topic with a multitude of specialties and a nearly infinite variety of practical, real-world challenges to address. Several high-level areas should...

Project managers (PMs) are responsible for risk planning and risk management usually through the vehicle of a project schedule. The information used to build a realistic schedule with integrated...

Constructive feedback is essential to an effective and efficient workplace. Managers must have the freedom to honestly and informatively present their employees with the necessary information on...

Writing a strategic business plan entails using all the available information plus a notion of how a business will create a unique place in the market to frame a compelling argument for investors...

The proper implementation of any safety program requires planning and cooperation among the company's management team. The purpose of a company safety initiative is to help keep the employees safe...

Forecasting for IT project management presents its own challenges as specific tasks have often not been undertaken previously and estimates must be based on experience of coding on past projects,...

Designing an animal shelter takes more than just a desire to help animals. There are many factors to be considered, including space, costs, the type of animals you will be helping and, of course,...

In this article you will learn how to increase employee productivity in almost any type of business by as much as 20 to 30 percent. Did you know in any company the most important asset is human...

Created by Motorola in 1981, Six Sigma is a business management strategy to improve operations. Writing up what is called a Lean Six Sigma project requires extensive understanding of both Lean...

"Fair Market Value" is defined as the amount at which property would change hands between a willing buyer and a willing seller, each having reasonable knowledge of relevant facts and neither being...

When a finance company approves your loan, you are expected to repay the loan in installment payments. If you default on the loan agreement, they can garnish your wages to recover the unpaid debt....

Employees depend on their employers to provide paychecks that are accurate and on time. The intricacies involved in payroll processing can take years to master. Among the considerations are wage...

In order for any organization to grow, the right sales people must be involved. Hiring an outside sales force can be a frustrating process of hit and miss that can cost your company money. If you...

Continuous improvement is something every business should strive for. In a challenging economic environment this principle should be followed even more strategically. Business processes tend to...

Program managers implement a structured process, managing and coordinating multiple projects within an organization. The role of the program manager is to ensure that projects align with corporate...

Developing your departmental business plan requires collecting qualitative and quantitative information about how the department can improve profitability of the company. The business plan must...

If you're a horse owner, you probably realize the importance of maintaining your horse trailer. Make sure the trailer's exterior is clean and sanitary. Not only does this ensure a respectable...

Like hikers going into rough terrain without map and compass, entrepreneurs who fail to fashion business plans are likely to get nowhere. It won't guarantee success, but crafting the annual plan...

A think tank is a research institute, foundation or organization created for interdisciplinary study of academic and scientific disciplines or public policy issues such as technological and social...

Fire stations present an unique challenge to architects due to the many functions required of a firehouse. Not simply a place to go to work, fire stations must have ample room to house fire trucks...

Dissolving an LLC--a limited liability company--allows members to avoid any and all liability if the company closes its doors. The need for a dissolution may be prompted by the death of a member...

According to United States government, web governance defines the decision makers, accountability for tasks/efforts and how personnel works together to operate a web entity such as a website or...

Creating stock is a multiple-step process that includes hiring an investment bank and drafting details about the type of stock your company is going to offer. Those creating the stock must find an...

It is estimated that 85% of Fortune 500 firms downsized between 1989 and 1994, and all of these companies had plans to further reduce their workforces through the year 2004. Particularly in tough...

We’ve all heard of satellite radio and the incredible listening experience it provides to its subscribers. Sirius XM now comes installed in every new and many used cars, offering subscribers a...

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...

Running a business can require a large amount of capital. Acquiring enough money to start a business can be difficult and some businesses require several years of investment before they become...

Firing people is always challenging. It's so difficult to do it well, especially now, in a time where people will do anything to keep their job and firing them doesn't always has to do with their...

Successfully managing a sales team is one of the most challenging tasks a supervisor can be assigned. When done effectively, however, the rewards can be significant. If you find your staff...

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...

If someone is a project manager and wants to hone the project management skills, or if someone wants to become a project manager, then pursuing Project Management Professional (PMP) certification...

In Colorado, mineral rights are considered real estate property; there is, however, a distinction between the surface estate and the mineral estate. This separation is called a "split estate",...

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...

Incinerators burn garbage from residential, commercial, industrial and institutional sources. This garbage is composed of general waste, like kitchen scraps, paper, yard debris, appliances,...

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...

Microsoft Project is a software application designed to help you manage complex projects by allowing you to generate a project plan that reflects all the work that needs to be done to accomplish...

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...

The accounting rules involving foreign exchange differences and derivative instruments can be very complex. The Statements of Financial Accounting Standards (FAS) 52, 133 and 138 all must be...

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...

Angel investors are individuals or groups that invest their own money in your business venture. Their investments usually range from $25k and up. The Angel Investor will invest in upstart...

You may be starting your own business or working on your MBA with the intention of one day becoming an executive of a successful corporation. Or, you may be content to run a small business. All of...

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...