What Qualifies You for Sales Tax Exemptions?. Businesses can quality for a sales tax exemption on items purchased for resale. In turn, the business is required to charge sales tax when the item is ...

Every organization has its own culture. Almost everything that affects an organization's ability to compete and respond successfully to changes in the external environment – ultimately, the ...

How to Calculate Fully Burdened Labor Costs. Employing workers in your small business costs more than just the hourly wages or salaries you pay them. You incur additional costs, such as taxes ...

Why Do People Buy Brand Names?. Understanding the motives and interests of your target market helps in making product decisions, developing a store layout and promoting your business. Product ...

What Are the Advantages of a Diverse Workforce?. In this era of economic globalization, many companies are making efforts to achieve workforce diversity, which aims to employ workers from ...

Stakeholders must understand what you are trying to achieve. Communication with employees and labor unions, for example, builds an understanding of your goals and the benefits to the audience if ...

One important decision to make when starting a restaurant is the service style of the establishment. The service style determines the layout, menu, inventory, food prices and décor of the ...

Importance of Pricing in Business. How you set your prices can have a host of implications for your business. Not every price you set needs to maximize your margins. Many small businesses use ...

Corporate Strategy Vs. Marketing Strategy. Corporate strategies and marketing strategies often coincide or overlap because, contrary to popular belief, a major focus of marketing includes the ...

An example of a short-term goal is to increase your advertising budget each month for the next three months. An example of a long-term business goal that the short-term goal helps achieve is to ...

Cultural Influences on Marketing Strategies. Companies that are growing are always on the lookout for new opportunities. Some of these opportunities present themselves in new countries. Product ...

Money is the fuel that keeps your small business running. You need to understand how it's flowing in and out of your company. Small business finance tasks include: ...