The ideal overhead percentage depends on a variety of factors, including the industry you operate in, the size of your company and the type of business you run. Looking at overhead costs as a ...

Before you can launch a business venture, you first need an idea. The better your idea is, of course, the more successful your business can be, but having a good idea isn't enough. Even the best ...

If your colleagues consider you to be an expert in your field, and you have long been the go-to person at your office, starting a consulting business may be a good idea. Consultants are paid to ...

A sole proprietorship is a business with a single owner and not registered as a corporation, partnership or limited liability company. A sole proprietor can work as an independent contractor or ...

The code of business conduct is also referred to as the code of ethics, depending on the company. It is a set of principles designed to guide workers to conduct themselves with honesty and ...

An improperly sized business card, aggressive greeting or personal question can mean the difference between making and breaking the biggest deal of the year when you're doing business with people ...

Both large and small businesses often have a global reach. If you have foreign clients, purchase raw materials abroad or lead tours internationally, cultural differences and communication problems ...

Activity-based costing systems, known as ABC systems in practice, are not compliant with generally accepted accounting principles. However, this does not mean that ABC systems aren't useful.

Accounting professionals can be self-employed or work for a specific company. Most accountants specialize in a specific discipline of accounting, including taxes, accounts receivable, cost ...

Stephen Covey, author of "The 7 Habits of Highly Effective People," encourages the use of synergy in working relationships. Synergy is cooperative interaction that results in an enhanced effect ...

Strategic marketing planning includes setting objectives, strategies and tactics to achieve business and marketing goals. An established plan might have a marketing goal of increasing market share ...

A small-business owner and his team prepare a strategic marketing plan on an annual basis. The plan describes the actions they intend to take to accomplish the company's goals, such as increased ...