Businesses need an online presence to reach customers and sell more in our increasingly connected world.But not everyone can build and manage websites.A CMS, or Content Management System, is a

Accounts receivable (AR) is a Business Term are a company’s unpaid customer bills. Current assets include accounts receivable. AR includes customer credit card debt. Key takeawaysAccounts receivable (AR) are a

Accounts payable (AP), or “payables,” are Business Terms that define as a company’s short-term debts to creditors or suppliers. A company’s current liability is payables. Another less common use of

Benchmarking is a business term that involves comparing your company’s operations and processes to others in your industry or market. Business products, processes, functions, and approaches can be benchmarked. Key

Gross income can be used to calculate other financial figures and evaluate your business. Calculate and use gross income. What’s gross income? Gross business income is your company’s sales before

Variable costs are corporate expenses that vary with production and sales. As a company’s production or sales volume rises or falls, variable costs do too. Variable cost is a Business

What’s a Fixed Cost? A business expense’s fixed cost doesn’t change regardless of production or sales. Common fixed costs include rent, interest, insurance, depreciation, and property taxes. Fixed costs are

Services companies’ most underutilized tool is the business review. Quarterly business reviews is a Business Term that reveal new ways to help clients achieve their goals, identify risks and opportunities

SWOT analysis evaluates a company’s competitive position and develops strategic planning. SWOT analysis evaluates internal, external, and future factors. SWOT analyses is a Business term that help companies, initiatives, and

Research and development’s role in business and wider importance must be defined to understand its role and impact. This will help us examine R&D funding, including the government’s powerful tax

Business-to-consumer (B2C) sales involve companies selling directly to customers. Most direct-to-consumer companies are B2C. B2C is a business term; It was popularized during the late 1990s dotcom boom when online

B2B (business-to-business) e-commerce is the exchange of goods, services, and information between businesses, not consumers. Wholesalers and online retailers conduct B2B transactions. Most B2B business models benefit both parties and