In general, most restaurant service employees rely on tips for the majority of their income. In some cases, such as with catering, restaurants issue an automatic gratuity or service charge to ensure ...

Figuring employee paycheck withholding may seem complicated at first, but it's actually relatively straightforward once you get used to the system. You can use a payroll program such as QuickBooks, ...

Satellite Internet connections use microwave radio frequencies that travel in straight lines and cannot pass through solid objects. Weather affects the air between the dish and the satellite and ...

Acumen refers to the ability to think quickly, use good judgment and understand concepts, often in a particular area. Financial acumen refers to your ability to see the financial effects and ...

An organizational structure is the method that an organization employs to delineate lines of communication, policies, authority and responsibilities. It determines the extent and nature of how ...

"Z-pattern advertising" constructs advertisements based on the theory that people will scan images from left to right and, to a lesser extent, top to bottom. Ads with a narrative flow may benefit most ...

Normal can be a state of mind: What's a normal markup in high-end fashion may be an inflated figure for a fast-food franchise. To arrive at a realistic markup percentage, investigate markups in your ...

In reference to business, the terms Tier 1 and Tier 2 usually refer to the manufacturing industry. The relationship between the original equipment manufacturer (OEM) and its tiers is crucial to the ...

A contingency fund is money reserved to address unforeseen financial circumstances in a business. This can include an opportunity to purchase a large asset at a reduced cost, or an emergency, such as ...

Organizational change can happen for several reasons, including financial concerns, a merger or acquisition, expanding markets, accommodating growth or a simple shift in business model. Whatever the ...

A resale number allows your business to avoid paying sales taxes on items purchased for resale to customers. A tax ID number, on the other hand, identifies your business in your dealings with tax ...

If your business has an inventory, its value is an important part of your taxable income. Writing off inventory that's damaged, stolen or unsellable can cut your tax bill. Federal tax law allows you ...