The Role of FASB to Business. In 1973, the Financial Accounting Standards Board was established to develop a set of financial accounting standards known as generally accepted accounting principals ...

The SWOT analysis identifies threats in the external environment. A threat is anything that is out of the firm's control and that could hurt its profits. Regional strategies will consider things ...

Staffing Strategies for Growing Companies. Taking a small business from start-up to success is much like parenting. Along with the excitement and joy, each phase presents new challenges. Where you ...

A business can announce its revenue growth as a percentage. Percentage growth equals the most recent period's revenue minus the previous period's revenue, divided by the previous period's revenue ...

An economic expansion is the other part of the business cycle, as defined by the NBER, which is the period of economic growth from the trough to the peak. It begins when the recession ends and ...

The Difference Between a Capital Budget Screening Decision & Preference Budget. When a small business is contemplating a significant investment in its own future growth, it is said to be making a ...

Fair Labor Standards Act of 1938. The Fair Labor Standards Act, signed into law by President Franklin D. Roosevelt in 1938, set a minimum wage, overtime requirements and standards for child labor ...

The average warehouse business costs between $10,000 and $50,000 to set up. You will want to obtain some initial background information about the warehousing industry before starting your venture ...

When you start a business, you may consider taking out a loan to help cover expenses. Debt may be necessary, but you need to be very careful about taking out loans. Berkshire Hathaway does its ...

How to Write a Preface for a Business Plan. To gain start-up capital for a new business, or to secure investment money for expanding an existing one, you need a strong business plan. To ensure ...

How to Conduct a Board Meeting Properly. Board meetings are an integral part of a business. These meetings inform the board members about the current condition and future strategy of a company ...

In addition to holding board meetings, S corporations also need to hold shareholder meetings at least once per year, and these need to be documented. You can, however, hold the board and ...