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Business Corner

Dedicated to sharing the insights and experience of members in the world of business and finance.

Chart of Accounts - A map of your business... You have to take control of this very, very, very important part of your business.
There are three elemental areas of business – any business The three elements are: Sales Operations Finance
The Financial Plan as a crystal ball... Overhead... Headache or a simple calculation? Markup - Not getting what you think you are getting Calculating the cost of overhead... Pricing made simple... or is it?
Describing and enacting a rational and balanced Employee Incentive plan that will result in a self-running business.
When you thought of starting this business, what did you imagine your life would be like? What did you dream of having? Do you have the family or fun time you thought you’d have by this time? Are you any closer to fulfilling your dreams than when you started?
More on Understanding the Past... Costs of Goods Sold (COGS) as it relates to sales... Sales, COGS and the time shift...
A Brief History of Sales - Understanding the past... If you already have a business, it's time to gather all the information you can before you start.
Here is a little ammunition and something to think about the next time you hear that raising taxes on "business" will stop them from hiring or squash their ability or willingness to invest or to upgrade their equipment or infrastructure.
Job Descriptions - Not your newspaper's (or online) JD anymore... A proper and effective Job Description serves a variety of purposes.
During one particular political segment, the station played a clip of John Boehner doing one of his “Jobs…Jobs…(It’s all your fault, Mr. President)… Jobs” rants. At that point, a question occurred to me: How many US jobs, now exported, did those three cargo vessels represent?

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