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 ...

What Is the Markup Percentage for Retail Clothing?. Product pricing can spell the difference between success or failure of a small business. Charge too little, and you won't make enough to cover ...

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 ...

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 ...

What Is Misconduct in the Workplace?. It is important to alert all new employees of the behaviors you consider unacceptable within your organization. You should also have a plan of action in place ...

Ethics are the guiding principles – or lack thereof – that determine how people conduct themselves in every aspect of their lives, including the workplace. While ethics and workplace behavior ...

Cultural Influences on Marketing Strategies. Companies that are growing are always on the lookout for new opportunities. Some of these opportunities present themselves in new countries. Product ...

Money is the fuel that keeps your small business running. You need to understand how it's flowing in and out of your company. Small business finance tasks include: ...

Five Attitudes That Are Important in Workplaces. It may seem as if skills and experience are the most important characteristics of an employee, but attitude plays just as big of a role. After all ...