Why Management Accounting Is Important in Decision-Making. Small business owners are faced with countless decisions every business day. Managerial accounting information provides data-driven input ...

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 ...

The Industry Standard for Sick Days. Many workers are granted a certain number of paid days off per year to take when they feel ill or need to stay home with a sick child. These employers value ...

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 ...

The Importance of a Good Organizational Structure. Businesses require structure to grow and be profitable. Designing an organization structure helps top management identify talent that needs to be ...

5 Conflict Management Strategies. In any situation involving more than one person, conflict can arise. The causes of conflict range from philosophical differences and divergent goals to power ...

The Importance of Telephone Communication in Business. According to Graham Williams of Centre-ing Services, communication by telephone will be reduced to 5 percent of all business communications ...

There are a number of advantages to using celebrities in advertising, and the key for small companies is making sure the local celebrity is relevant and has broad appeal. Popular celebrities often ...

Four Reasons to Expand a Product Line. Expanding a product line is an important growth strategy for small businesses that want to increase revenue or market share. A product line is a group of ...