by OverHeadWatch Team | Nov 16, 2017 | Budget Planning, Library
There are exempt and nonexempt employees. The two terms mean everything to a business owner. Yet, many are fuzzy on the differences between the two. What are workers exempt from? How does a person classify their employees? The Fair Labor Standards Act requires that an...
by OverHeadWatch Team | Nov 15, 2017 | Increasing Revenues, Library
In addition to adequate funding and customers, a company’s image is equally important, experts say. How can such a small word hold so much power? Well, image may be an abstract concept. However, it represents the way you do business and defines your reason for...
by OverHeadWatch Team | Nov 14, 2017 | Budget Planning, Library
While it was once considered unacceptable to not be able to pay bills, debt has become commonplace in the United States. The vast amount of companies that exist here are no exception to this. In order to make money, they often have to keep a high level of debt on...
by OverHeadWatch Team | Nov 13, 2017 | Budget Planning, Library
Elasticity of demand is a measure of the change in demand for a good in relation to a change in another economic factor, such as price. The elasticity is visible by dividing the percentage of change in the quantity of a good by the percentage of change in another...
by OverHeadWatch Team | Nov 10, 2017 | Budget Planning, Library
Do you really need a records retention schedule? Most people who own a business look upon this idea as something that they know would be a good thing for them, but simply cannot bring themselves up to do it. It falls under the I’ll do it later when I have...
by OverHeadWatch Team | Nov 9, 2017 | Cost Reduction, Library
If you sell products to customers remotely, then drop shipping is a sourcing and fulfillment model worth considering. Essentially, it’s a system in which you, the retailer, act as an intermediary between the wholesaler and the consumer without the actual product ever...
