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 ...

Although many people had believed that smoothies were a trend that wouldn't last, in fact – the smoothie industry has evolved into a $2 billion dollar annual industry that continues to grow.

When a business acquires another company or expands its operation into an unrelated business category, it engages in unrelated diversification. It is often risky for a company with strengths in ...

In 2004, "Psychology Today" published an article, "The First Impression," that illustrated how brief it takes to make an impression during work interactions like interviews. Psychologists proved ...

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 ...

A medium scale business is often the awkward middle child of its industry – too large to get the discounts and services afforded to small businesses and too small to have the weight and prestige ...

Even during a tight economy, small business owners look for ways to attract and retain high quality employees. One common way to do this, especially in start-up companies that don't have huge ...

Special order manufacturers and construction companies often assign direct and indirect expenses using job-order costing. A main reason is that assigning expenses on a per-job basis makes ...

Entrepreneurs who own seasonal businesses must manage the effects of seasonality on working capital. When most business sales occur during a certain time of year, working capital can fluctuate ...

There are about 6700 retail bakeries in the United States, that have a combined revenue of about $3,000,000,000. That puts the average revenue per bakery at about $450,000. The 50 largest players ...

Writing a business strategy is an essential aspect of starting and running a business. Without a clear strategy, it is difficult to set meaningful goals and objectives. In determining your ...

Marketing can seem like a science, but it also requires creativity and instinct. When you create a marketing plan, you can benefit from looking at your marketing resources, goals and methods from ...