Retained earnings are a saved portion of the company's profit that is not paid out to shareholders. Keeping a portion of profit back increases the amount of capital you have to expand your ...

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 ...

The primary difference between total operating capital (TOC) and the net operating working capital (NOWC) is like comparing the USA with one of its states. A state is part of and within the USA.

Your company's inventory policy affects its ability to turn sales opportunities to sales revenue quickly, allows it to take advantage of quantity discounts, and safeguards against price changes or ...

Most profitable corporations point out their successes to proper management of their human resources (HR). This is also true for small businesses, and because small companies lack the financial ...

Governments establish many regulations and policies that guide businesses. Some rules, like minimum wage, are mandatory, while other policies may influence your business indirectly. Businesses ...

National economies are a mix of consumer, business and government financial activity, with consumer spending the largest driver of the U.S. economy. Consumer spending accounted for approximately ...

Dissolving a company means to officially and formally close the business. While ceasing operations is part of this process, there's more to dissolving a business than just locking the front door.

Business ethics are often discussed today, especially in light of corporate scandals. Often, that discussion focuses on professional conduct or illegal practices. Ethics touch many elements of ...

When markets in foreign countries offer a higher profit potential than your home market, it makes sense to expand internationally. As you prepare your expansion and research target markets in ...

The invention and popularization of the internet has introduced a massive wave of changes to business, and in the way the world does business. In fact, the internet made the global marketplace ...

For many business owners, it would be impossible to imagine running a company without the internet. Yet for others, the possibilities it presents are anything but obvious. Just a few years ago ...