Limited partnerships have two types of partners -- general partners and limited partners. While a general partner is in charge of her company's day-to-day operations, a limited partner is generally ...

If you are running a restaurant or food service business, you understand that the most important costs under your control are food (including beverages) and labor costs – together, known in the ...

PayPal is available in some form in 191 countries as of May 2013. PayPal only offers limited service in some countries. It has no dealings whatsoever in some other countries, many of which are in the ...

While organizing a dinner party can seem sort of complicated to some people, large-scale private, public and corporate events can be overwhelming when there are too many details for a few people to ...

Who doesn't love the smell of fresh bread? Is there a better diet-busting indulgence? Probably not. The bakery industry is a huge business that caters to people's weaknesses for tasty breads, cakes, ...

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 logical ...

The first step toward understanding what a direct channel of distribution offers - also known as a direct marketing channel - is to understand what a channel of distribution is. Simply, a distribution ...

As a small-business owner, you're responsible for overseeing every aspect of your business. It may feel like your work is never done, but if you find good people and delegate gracefully, you may find ...

A contract is a legal document that binds at least two parties to one another and requires them to meet certain obligations detailed in the contract. In some instances, contract termination can occur ...

Understanding the difference between sales revenue and profit is quintessential to understanding the principles of economics, business analytics and accounting. Both are examined when determining the ...

While some individuals try to get by doing as little work as possible, others possess a dedication that leads them to give it their all every day. People who possess a strong work ethic embody certain ...

Collaborative efforts in the workplace can lead to innovative approaches to projects, new processes to accomplish key tasks and shared ideas on varied responsibilities. However, like any other office ...