Problems With Minimum Wage. The minimum wage provides ample fodder to politicians and economists who debate the pros and cons of this controversial law. In the United States, employers must follow ...

The internet experienced an incredible boom, followed by a crash or leveling events of sorts. This is popularly referred to as the dot-com bubble. The bubble was peaking through the late 1990's ...

Accounting Software for a Sole Proprietor. As a sole proprietor, you must find time-efficient and cost-effective ways to perform accounting functions on your own. It may not be viable to hire a ...

How to Decide Whether to Go Into Business for Yourself. Taking the leap into entrepreneurship can be an exhilarating yet terrifying experience. The opportunity to make your own decisions, pursue ...

How to Check If an Online Company Is Legitimate. Dealing with other online companies is a standard business practice in today's Internet-reliant age, whether you're outsourcing for contracted work ...

Importance of Incentive Plans. Incentive plans are formalized approaches to offering recognition and reward to employees for meeting pre-established goals or objectives. Incentives may include ...

Bakery Industry Analysis. A growing albeit paradoxical trend in the bakery industry, noted by the industry profiler Report Linker, is that U.S. consumers are hungering for both healthy baked goods ...

The Negative Impacts of a High Turnover Rate. High turnover rates can negatively affect a company and its employees in many ways. With the constant need to hire and train new employees, it is easy ...

Let's say your office space is 15' long by 12' wide, which comes to 180 square feet. Then, multiply 180 by $200 to equal $36,000, so the $36,000 should approximate your budget for the office ...

5 Resources You Need to Succeed to Start a Business. Starting a business can seem like a daunting task. In fact, it is. Of the many businesses that open each year, many fail to last as long ...

In economics, macroeconomics encompasses societal perspective on resource allocation. Microeconomics involves factors of resources availability and usage that impact individuals and businesses. As ...

Profitability relates to your income, but not necessarily your cash flows. If your business runs on cash accounting, the two are interchangeable: You only record income when someone pays you. If ...