Today's column is more about economics than law, but the two topics are inseparable in my world. On the legal side, several businesses are exploring "debtor/creditor law" in order to collect from ...
Over the last several years, many of our small-to-medium size clients have been trying to achieve greater profit maximization by fine tuning their full scale production facility. Each has endeavored ...
Unless you are a philanthropist running a nonprofit organization, your main motivation for being in business is to generate a healthy income. How you reach that objective, however, will depend on many ...
As a business owner, you know that the bottom line is key. No matter what industry your business is in, optimizing profit should be at the top of your priorities. Profit is essential to the success of ...
In capitalist economies, the primary goal of for-profit companies is to maximize their profits. This doesn't mean that companies focus on profits at the expense of everything else, though. Instead, ...
Understanding the difference between revenue and profit is essential in understanding basic and complicated economics. Even if you don’t know exactly what these terms mean, you’ve heard the words in ...
Technology managers are a crucial partner in driving a company’s value. However, they don’t traditionally spend much time analyzing the financial drivers or impacts of their decisions. Most work ...