Difference Between Savings Account and Checking Account

Our banking system plays a very important role in the overall functioning of the economy. It is responsible for introducing liquidit...

What is Taxable Income

Once we begin our professional career and start earning, there are many things related to financial management which we must be awar...

Product Life Cycle Stages

Enlarge Image The product life cycle theory was propounded by economist Raymond Vernon in 1966. With the help of this theory, Raymond...

Alternative Minimum Tax 2012

Alternative minimum tax or AMT is a type of tax that you have to pay if you fall into the bracket of high income earners according t...

Different Forms of Communication in Business

Communication is a process which is a must for exchange of useful information between two individuals. In fact, it is the best way o...

Why Everyone Should Take Risks

Do you consider yourself to be a person who always plays it safe? If your answer is yes, I have another question for you: Are you experienci...

Graduated Income Tax

" The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of t...

Paying off Debt Fast

The number of people facing high debt problems is very high. Before the economic recession, people had high purchasing power and the...

Tuckman's Stages of Group Development

Bruce Wayne Tuckman developed a theory in 1965, known as "Tuckman's Stages" which explained how individuals work in a ...

Leadership Traits and Characteristics

When we talk about great world leaders, we definitely think about Mohandas Karamchand Gandhi, George Washington, John F Kennedy, Abr...

Business Bottom Line

There are many ways which can be employed for determining if a business is running in a profit or loss. The most effective way of ob...

How Does Currency Devaluation Work?

Currency devaluation is lowering the value of a currency. The value of a devalued currency is low particularly to the other nations,...

Is Advertising Important for a New Business?

What is a business that does not get the limelight? No matter how strong the plans, how effective and smart the product, if they do ...

What is a Bad Credit Score

Credit report means an individual's history of borrowing making payments. It also includes all your financial information, late ...

Small Business Funding

Obtaining the necessary funds to kick-start your small business start-up can be quite a challenging task. But before you get dejecte...

Accountant Salary Range

An accountant maintains the financial records of a firm or an individual. He/she is also responsible in analyzing the profit and los...

Team Building Activities for Work

A team is defined as a group of people who collectively work towards a pre-defined goal utilizing their own skills, experience and k...

Different Types of Mass Media

Mass media refers to communication devices, which can be used to communicate and interact with a large number of audiences in differ...

Three Basic Financial Statements for a Business

Every company and business organization regularly issues financial statements which give an accurate assessment of the financial hea...