Most nonprofits are 501(c)(3) organizations, which means they are formed for religious, charitable, scientific, literary, or educational...

An essential part of your business plan is being able to calculate your net income by identifying your business's revenue and expenses. These may include revenues, expenses, gains, losses, and net income. Revenues This is income generated from normal business activities over a period of time. This is typically calculated as the amount of goods/services sold multiplied by the price it was sold for. Expenses The costs associated with normal business activities that are subtract

Having a business idea is a great first step to eventually creating what may become a full-fledged business. But in order to get there, you must first take the steps to ensure you abide by all the legal concerns. In this blog post, we will teach you how to register a small business and we will go over the information and the concerns that are noteworthy in your decisions to set up your business. 1. Determine What Type of Business You Want to Register As Sole proprietor: A so

The continual practice of reinventing an organization’s routines with the aim of improving efficiency. How to Implement BPI Start Small BPI is a marathon, not a sprint. Trying to improve too many processes at once will likely lead to management and/or employee burnout. Instead, observe some of the processes that occur within your businesses most often, and choose the one that could use the most improvement. Don’t Go It Alone Successful BPI requires support from both managem

McKinsey and Company reports that emails consume over 25% of the average workweek . As email remains crucial for business communication,...

Small business insurance is any business insurance policy, singular or packaged, designed to protect you from the unexpected costs of...