Business Terms

image of CMS In Business
What Is CMS In Business?

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

Read More »
image of Benchmarking in Business
What is Benchmarking in Business?

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

Read More »
image of Gross Business Income
What is Gross Business Income?

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

Read More »
image of Definition and Business Use
Fixed Cost: Definition and Business Use

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

Read More »
image of b2b in business
b2b in business

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

Read More »