Business Development Vs Sales: What Does Each Do?

Business Development Vs Sales: What Does Each Do?

Conducting business efficiently to generate profit while maintaining ethical and professional standards is the ultimate goal of most organizations. Although some may view sales as the primary means of achieving this objective, the process is more deeply embedded in...
What are the Benefits of Telecommuting? But the Disadvantages?

What are the Benefits of Telecommuting? But the Disadvantages?

Telecommuting is a new format of working that has been growing in popularity over the past 10 years. The idea of telecommuting allows employees to complete the lion’s share of their work from a location of their choosing. Some employees choose to work from home while...
8 of the Best Side Business Ideas to Try Out Today

8 of the Best Side Business Ideas to Try Out Today

Even if you already have a stable job, some extra money are always welcome. Some might think working two jobs is too much, but starting a business on your own can be a solution worth considering. The best thing about these businesses is the fact you don’t need a lot...
Breaking Down Marginal Benefits and Marginal Cost

Breaking Down Marginal Benefits and Marginal Cost

Sometimes, businesses might want or have to produce more. In this case, they need to pay attention to a number of factors. These factors include marginal benefits and marginal cost, which are changes in general benefits and costs whenever there’s a change in...
What Is the Net Present Value (NPV) and How Do You Calculate It?

What Is the Net Present Value (NPV) and How Do You Calculate It?

The Net Present Value, or NPV, is a vital element in finance. If you think about it in comparison with other concepts, NPV is not that difficult to grasp. Yet many people have a hard time in figuring out what it means and how to deal with it. Therefore, what is the...