In a small business, it's not uncommon for the owner to forgo a paycheck in order to leave the funds working within the company. However, if the owner needs some cash, he may take some funds out ...

Inventory and inventory management represent a number of potential profits and losses for a company, starting with the direct revenue from inventory sales. Inventory can also create indirect costs ...

Short-term bank notes are loans from a bank that mature in a year or less. Except for the shortest loans, which typically run for 90 days, they generally carry a lower interest rate than longer ...

The processes a retail store adopts guide its employees and management. They serve as a road map for how various aspects of the store function. Unlike policies, which outline the store's rules ...

If your line of business requires you to maintain an inventory, you'll become familiar with many of the accounting issues raised by keeping goods in stock. The big questions center on how you ...

CPM, or the CPM Matrix, stands for Competitive Profile Matrix and is a powerful strategic analysis tool. CPM allows business owners, stockholders and other interested parties to see the strengths ...

Company layoffs often include severance package costs and the potential for negative publicity in the local community. Despite these drawbacks, companies sometimes accept the risks to achieve a ...

The issue of shareholder rights vs. the rights of directors of corporations is an unsettled area of law. The articles of incorporation for most companies specify two seemingly contradictory rights ...

Corporations with an active election with the IRS to be taxed under Subchapter S of the Internal Revenue Code are considered regular corporations under state law for every purpose other than the ...