When you enter into a fixed-price contract, you are agreeing the final cost of a good or service upfront. This price is written into a contract that both parties sign and agree to honor.

Nonprofit corporations can't be owned by any individual or group, including even the founder, and unlike for-profit corporations, nonprofits generally can't issue shares of ownership like a stock.

Smart employers know that keeping quality employees requires providing the right compensation and benefits package. Compensation includes wages, salaries, bonuses and commission structures.

Converting your Facebook page into a business page on Facebook can be done in less than five minutes in the "Basic Information" section of your page settings. Changing your page to a business page ...

It may seem as if skills and experience are the most important characteristics of an employee, but attitude plays just as big of a role. After all, what good are great professional skills without ...

Everyone gets sick at some point. Whether it's a miserable head cold or the full-blown flu, there are times when going to work feels almost impossible, not to mention, rude to your co-workers who ...

"Enterprise," "corporation" and "incorporated" are closely related terms used to describe the formal or informal structure of a business. They are sometimes used as synonyms, but can have distinct ...

Spreadsheets are an essential business and accounting tool. They can vary in complexity and can be used for various reasons, but their primary purpose is to organize and categorize data into a ...

All businesses have regular expenses that are not directly related to producing goods or services. These indirect expenses are termed "overhead" costs. Most businesses calculate overhead costs on ...

Goals are among of the most written and talked about tools of business management. They frequently are touted in self help and management books targeting small business owners. As Dr. Paul Adams ...

It goes without saying that businesses need people to show up on time to get the job done. Although this seems like common sense, you will probably encounter a few employees who are chronically late.

With the advent of the internet and management information systems (think computers, phones and software), businesses have been able to transform from local mom and pop shops to international ...