Common Food & Labor Cost Percentages. If you are running a restaurant or food service business, you understand that the most important costs under your control are food (including beverages) and ...

In a globalized economy, cultural sensitivity is essential. Understanding and knowing about cultural differences is a crucial skill for succeeding in business. Understanding language nuances ...

What Is the Meaning of Organizational Structure?. Organizational structure is a system used to define a hierarchy within an organization. It identifies each job, its function and where it reports ...

A daily accounting task list helps accountants to keep a company's financial records accurate and up-to-date.

Performance appraisals, whether team or individual, provide feedback to workers or organizational teams. Traditionally, performance evaluations provide information to help improve performance ...

Grants for Disabled Small Business Owners. Owning a business can be a challenge for anyone, but there are many more difficulties with owning a business when you are disabled. In addition to normal ...

The Purpose of an RFP. A request for proposal, or RFP, is a tool that can help ensure your company procures the most competitively priced goods and services you need to operate your business. The ...

Importance of a Marketing Strategy in an Organization. Because one aspect of a marketing plan affects all of the others, coordinating your activities is critical to eliminating interference and ...

The Advantages of Accrual Accounting. The type of accounting method a company chooses will determine how it will record and keep track of finances. According to Entrepreneur.com, the two most ...

Employee Turnover in a Grocery. "An expense without an invoice," is how a 2010 study by the Canadian Grocery HR Council study characterized employee turnover in the grocery business. Although many ...

Chain Vs. Franchise. As a business grows there are many strategic decisions that must be addressed. One of the decisions that the parent corporation must make is whether it wants to directly own ...

Contracts are legally binding agreements that are an important part of doing business. Although the kinds of business contracts are numerous, they are typically divided into four categories ...