Pat Moriarty 
Because of the range of commission kinds and payment systems, it may be difficult to appropriately distribute commission expenses to employees. Here’s the dirt on commissions, how to account for them in your books, and how to deduct them from your company’s tax bill. What Is a Commission? A sales commission is a monetary compensation …
There are so many different types of MLM business, but most are not suitable for new people to get involved in. If you are new to MLM, or just want to learn about different types of MLM businesses, then this article is for you. We are going to look at the different MLM business types …
Business process change involves changes in the way organizations produce goods and services, the way products are designed and produced, and the way work gets done. Click on each section below to read more information related to a business process change. What Is Business Process Change? The business process of a corporation is a …
Comparative Ratio Analysis (CRA) is a method that allows you to see which areas of your site are performing best and which ones need work. You can use this to help identify where you should focus your efforts for growth. What Is Comparative Ratio Analysis? Comparative ratio analysis is commonly used by businesses to assess …
If you have no clue what a passbook savings account is, you are not alone. These financial products were once prevalent, but they are now regarded obsolete, and financial institutions rarely market them. However, you may still create a passbook savings account, usually at a local bank. With a passbook savings account, you may earn …
What is the connection between BPCS and ERP? If you are not sure, then this article will give you some information about this connection in the most detail. Understanding BPCS What is BPCS? This is abbreviated as Business Planning and Control System (BPCS). This application-development framework is used by several SSA-related industries, including manufacturing. According …
If a company is “in the black,” it suggests it is profitable and in excellent financial position. This term dates back to the days when accountants employed black ink to record transactions in their books. Click on each section below to read more information related to “in the black”. What does It Mean to be …
In this article, we discuss some information about net weight. You may have heard of it before but you may not know exactly what it is or how it affects you. So, in this article, we provide you with an overview of net weight. What is Net Weight? The term “net weight” refers to a …
A seasonal employment may be fulfilling since it allows you to work in different surroundings and undertake duties that are more closely tied to the season. Employees whose principal source of income is seasonal labor may find themselves unemployed after the season is through. Understanding the characteristics of seasonal unemployment may be important in order …
Profit potential is the bottom line in any business. Without it, the company has nothing. You can’t get out of bed in the morning without it. And you can’t pay the bills. What Is Profit Potential? In the domains of economics and business, the word “profit potential,” sometimes known as “income potential,” is used to …