Limited partnerships have two types of partners -- general partners and limited partners. While a general partner is in charge of her company's day-to-day operations, a limited partner is generally ...

Every organization has its own culture. Almost everything that affects an organization's ability to compete and respond successfully to changes in the external environment – ultimately, the ...

In today's global economic system, companies need to diversify to remain competitive. The benefits of a diverse workforce go beyond political correctness. Bringing in people with different backgrounds ...

When forming a team, the ideal is to balance the skills of one team member with the complementary abilities of others. In this way, each team member plays to his unique strengths, such as strategy, ...

For a small business network today, unless you plan to go with a Wi-Fi solution, your only obvious choice will be Ethernet. Thirty years ago, there were other local area network (LAN) solutions, ...

One important decision to make when starting a restaurant is the service style of the establishment. The service style determines the layout, menu, inventory, food prices and décor of the restaurant.

Spreadsheets are an essential business and accounting tool. They can vary in complexity and can be used for various reasons, but their primary purpose is to organize and categorize data into a logical ...

Your corporate strategy and marketing strategy are two very different plans. The first is the playbook for where you want your business to go; the second lays the framework for how you will attract ...

Companies that are growing are always on the lookout for new opportunities. Some of these opportunities present themselves in new countries, while others exist right here at home. In either case, ...

Dissonance in marketing causes a conflict or tension within a consumer considering a product purchase. This is usually an uncomfortable feeling for the consumer and usually leads to the buyer taking ...

Without a go-to conflict resolution technique for your workplace, two very different individuals may have a hard time communicating while under stress. That's why it's essential for managers and ...

Organizing is all about keeping things in proper order. For any business, organization plays a significant role in helping you achieve your goals. Practicing effective organizational skills will help ...