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 ...

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 ...

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 ...

President Coolidge once said the chief business of the American people is business. Indeed, the private sector is the country's chief economic force, but it needs government regulation. The U.S ...

Workplace injuries range from minimal physical injuries such as paper cuts and scratches to more serious injuries ranging from slip-and falls, bruising, sprains and broken bones to calamitous ...

The International Financial Reporting Standards developed by the International Accounting Standards Board present guidelines for reporting the financial activities of a business. Similar to ...

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.

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 ...