As you hire employees for your small business, you'll not only want to know what they will cost you by the time you're done with wages, taxes and benefits, you'll also want to know if they can live on ...

The employee labor percentage is a measure of your labor costs compared to your total expenses. Understanding the labor percentage allows a small business owner to see whether labor is a main driver ...

organization. However, budgeting for hourly employees can be challenging because they may work more or less as circumstances demand. Fortunately, with a clear understanding of your business’s needs ...

It’s tough to say whether we’re officially in a recession, but unemployment rates are traditionally one of the most reliable metrics to gauge how the economy is faring. However, the figures most often ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. When business processes involve large numbers of ...

Knowing your effective tax rate can help you understand how well you’ve been managing your tax situation throughout the year. Your effective tax rate is different from your tax bracket. It’s the ...