Business growth planning is usually an extension of the business owner's original plan. Growth plans contain information on how a business owner will expand facilities and acquire additional ...

Common Food & Labor Cost Percentages. 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 ...

Examples of Key Performance Objectives. Just as a business plan provides goals for the organization to reach over the course of a given period of time, written key performance objectives will ...

Why Do People Buy Brand Names?. Understanding the motives and interests of your target market helps in making product decisions, developing a store layout and promoting your business. Product ...

What Are the Advantages of a Diverse Workforce?. In this era of economic globalization, many companies are making efforts to achieve workforce diversity, which aims to employ workers from ...

The workplace has changed dramatically since the first management theories were conceived. Modern management is not a one-size-fits-all practice. Therefore, it is helpful to gain an understanding ...

Event Planning Industry Analysis. Event planners do a lot more than plan events. They also coordinate and execute of all facets of meetings and events. These responsibilities can include budgets ...

Importance of Incentive Plans. Incentive plans are formalized approaches to offering recognition and reward to employees for meeting pre-established goals or objectives. Incentives may include ...

Bakery Industry Analysis. A growing albeit paradoxical trend in the bakery industry, noted by the industry profiler Report Linker, is that U.S. consumers are hungering for both healthy baked goods ...

What Is the Purpose of Using a Spreadsheet?. Spreadsheets play an integral role in the day-to-day business operations of both large and smaller, private companies. The needs for using spreadsheet ...

Corporate Strategy Vs. Marketing Strategy. Corporate strategies and marketing strategies often coincide or overlap because, contrary to popular belief, a major focus of marketing includes the ...

Four Different Types of Business Attire. When you first enter or are in the business world, you must know how to dress appropriately for any given situation. What you wear for an interview or ...