Service Charge
The Legal Status of a Service Charge
A service charge is a finance charge that is triggered by a specific event. It can be assessed...
How to Calculate the Average Collection Period
How to Calculate the Average Collection Period
When you're setting up credit terms for your customers, you want to ensure that the average collection period...
Work Ticket
What is a work ticket and what are its uses
A work ticket is a document that authorizes a worker to perform a specific job...
Wraparound Mortgage
How to Choose a Wraparound Mortgage
Wraparound mortgage, also known as a "wrap," is a type of secondary mortgage in which the seller extends a...
Production Efficiency
What is production efficiency and how can it be improved in your business
When running a business, it is important to be as efficient as...
Tips For Improving Your Efficiency Ratio
Tips For Improving Your Efficiency Ratio
An efficiency ratio is a measure of how much an entity spends to generate a dollar. An entity is...
How Nominal Value Is Used to Determine Dividends
How Nominal Value Is Used to Determine Dividends
Nominal Value is a legal obligation and is the stated amount written on the face of a...
Four Reasons Why An MBA Is Important For Entrepreneurs
Entrepreneurship is incredibly vital for any country's economy and success. The world is thick with renowned entrepreneurs who thought of creative ideas and launched...
4 Mistakes to Avoid When Applying for a Car Loan for an SUV
An SUV or a mini truck is a big vehicle. That said, the cost of securing a loan for one is extensive. From paperwork...