Fair Labor Standards Act of 1938. The Fair Labor Standards Act, signed into law by President Franklin D. Roosevelt in 1938, set a minimum wage, overtime requirements and standards for child labor ...

The 'S' in the 'S-Curve' definition stands for 'Sigmoidal', which is a mathematical term related to the way the curve is derived. You can, however, think of it as an S-shaped curve that predicts ...

The average warehouse business costs between $10,000 and $50,000 to set up. You will want to obtain some initial background information about the warehousing industry before starting your venture ...

When you start a business, you may consider taking out a loan to help cover expenses. Debt may be necessary, but you need to be very careful about taking out loans. Berkshire Hathaway does its ...

The cost of materials or product acquisitions are among the key variable product costs considered in the contribution margin. If your raw materials costs increase as a manufacturer, your ...

Perhaps the most important element of accounts receivable is tracking uncollected profits. Non-payment data is key in organizational attempts to collect on past due accounts, establish repayment ...

Why Businesses Use Search Engines. Search engines have many purposes in the business realm. Businesses utilize them for advertising purposes, the gathering of information and data, staying up-to ...

How to Start a Healthy Drink Business. Modern society has increased its understanding of good nutrition and how it helps keep the body healthy. The segment of the population that is more ...

It was probably just a matter of time before sustainable clothing landed on consumers' radar screens. Many clothing market watchdogs saw it coming: "Consumers have become hypersensitive to the way ...

How Important Is a Marketing Budget?. Because marketing affects most areas of your business, your marketing budget is critical to your success. Marketing is much more than just advertising and ...

Graphic artists require specific software programs to run a graphic design business. You will need to have a computer with plenty of memory to handle heavy graphics and images. Software such as ...

Even if a company is growing its brand and has a terrific team of employees, it can't generate goodwill out of thin air. Goodwill only comes about as the result of a business purchase or ...