During my childhood, one of my dad's yearly rituals was organizing his income tax paperwork on New Year's Day. He would sit at his home office desk, receipts spread out in piles around him, stacks ...

Information silos, which exist when information isn't shared between departments or divisions, can hamper growth and efficiency in your business. Silos can result in a variety of problems, such as ...

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 ...

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 ...

Getting your business off the ground or taking it to the next level usually means securing funds from a small business investor. This provides an attractive way to get working capital in exchange ...

Moral obligations might seem strong enough to equate to a good legal contract, but moral obligations and legal contracts are completely separate entities. A moral obligation can be encoded into a ...

A "need" is something you have to have, a necessity. We all need food, shelter, clothes and other basics. A "want" is something you would like to have, but don't really need. Try explaining that ...

Strategic adaptability is a planned ability to react effectively when business and environmental factors change unexpectedly. Many companies do a good job planning how to operate when things work ...

Workplace morale can suffer due to concerns about economic conditions, the financial stability of the business, recent layoffs and firings, and other common problems. While you can't prevent ...

With 88 percent of Americans using the internet to make purchasing decisions, it's probably no surprise that businesses rely on web ads to reach customers. When your business places an ad online ...

A team that cares about your products, customers and the well being of your business will go the extra mile to make sure work is done well and clients are satisfied. Employee morale is an overall ...

Critical success factors are the areas in which a business must excel to survive in the marketplace. The critical success factors in the hotel industry have been changing over time, driven by ...