Tag: business management

A code of ethics for a business outlines what is expected of the employees, of the company and of customers, and it can be published on the company’s Web site for all to see. Develop […]

The benefits of incorporating a company include limited liabilities, increase in prestige, a change in the tax rate and a greater ease in selling the corporation at a later time. Consider incorporating a company with […]

Incorporating a business has both advantages and disadvantages, which include limiting the liability, but having additional filing fees. Weigh the pros and cons of incorporating a business with information from a portfolio manager in this […]

The definition of a limited liability company, known as an LLC, is a group of individuals who apply to be on their own, not pay tax and divide losses or profits equally among the partners. […]

The advantages of a sole proprietorship include being your own boss, having lower personal tax rates and netting more profit directly. Consider starting a sole proprietorship as a simple form of business with information from […]

Retail sales per capita is defined by the total number of households divided by the total retail sales to determine the average cash flow through each household. Gather data to locate trends in a particular […]

Performance evaluations are beneficial for companies to lay out expectations, set goals and standards, have a formal discussion with all employees and set everyone on the same page. Use performance reviews to increase productivity and […]

The benefits of total quality management, which involves teaching all employees exactly what is expected of them, include getting everyone on the same page and helping customers more efficiently in the end. Consider implementing a […]

The goals of good employee relations is to drive productivity, which in turn drives up the profit, so retain key employees longer, weed out lower performing employees, and create a comfortable work environment. Concentrate on […]