During my childhood, one of my dad's yearly rituals was organizing his income tax paperwork on New Year's Day. He would sit at his home office desk, receipts spread out in piles around him, stacks ...

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 ...

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 ...

Information silos, which exist when information isn't shared between departments or divisions, can hamper growth and efficiency in your business. Silos can result in a variety of problems, such as ...

Getting your business off the ground or taking it to the next level usually means securing funds from a small business investor. This provides an attractive way to get working capital in exchange ...

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 ...

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 ...

Moral obligations might seem strong enough to equate to a good legal contract, but moral obligations and legal contracts are completely separate entities. A moral obligation can be encoded into a ...

Strategic adaptability is a planned ability to react effectively when business and environmental factors change unexpectedly. Many companies do a good job planning how to operate when things work ...

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 ...

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 ...