Product pricing can spell the difference between success or failure of a retail apparel business. Charge too little, and you won't make enough to cover your costs. Charge too much, and your ...

A "need" is something you have to have, a necessity. We all need food, shelter, clothes and other basics. A "want" is something you would like to have, but don't really need. Try explaining that ...

Globalization provides opportunities for businesses to invest in foreign markets and to gain access to new capital. A key concern in achieving financial results through globalization is the effect ...

With 88 percent of Americans using the internet to make purchasing decisions, it's probably no surprise that businesses rely on web ads to reach customers. When your business places an ad online ...

Somebody starts with an idea for a message. Then they finesse it, develop it and select the medium, or channel, for the message. When they're good and ready, they send the message, and someone ...

Understanding the cost of each unit you produce is essential to ensure your business remains profitable. To calculate the cost per unit, add all of your fixed costs and all of your variable costs ...

Trucking can be an exciting yet dangerous profession. Your key to long-term success in the trucking industry is to have an up to-date and effective trucking safety plan. This plan should be ...

Microsoft OneNote includes a variety of pre-designed templates, such as index cards and postcards, to frame your recorded content in the size you want. These page templates take the guesswork out ...

Pricing products is probably one of the most difficult things a business owner has to do. The selling price of the product must be high enough to cover costs and make a profit and yet not so high ...

An LLC and a PC are similar, but also are distinct forms of business structures. LLCs -- limited liability companies -- offer the best features of proprietorships and partnerships, with the added ...

Managerial accounting is used by a company's managers to help in planning and implementing day-to-day operations. According to Accounting in Focus, managerial accounting is used in businesses such ...

An organization is made up of many people and activities. Companies plan for the future and manage the present. They budget, report and track success by developing processes and systems that ...