• How to Build an Operating Budget

    An operating budget is an important part of a business. The operating budget looks at all the costs associated with the operation of the business. This includes the costs of materials, labor, machinery, transportation, storage, utilities, administration and supervision. Knowing the cost per unit of any produced item or service helps ensure the company charges enough to continue operating properly. Creating an operating budget is a fairly simple task for any business owner.

  • How to Add a Video to Blogspot

    The Blogger Video Bar gadget on Google Blogs, otherwise known as Blogspot, allows you to embed content from YouTube in any area of your blog's layout. Using the gadget, you can play the most popular YouTube videos, videos from a specific content channel or videos matching a keyword phrase that you enter. Install the Video Bar gadget to give your visitors a selection of videos to watch while reading your content, or install the HTML/JavaScript gadget to embed a single video in your blog's sidebar or within a post.

  • Federal Labor Laws for Ambulance Personnel

    Ambulance personnel, both drivers and attendants, are among the first responders to accidents and other emergency situations. Because of the need for immediate availability at all hours of the day, ambulance personnel typically have irregular and lengthy work shifts. Given the nature of the work, ambulance personnel also have to deal with job-related health and safety issues, such as handling materials contaminated with blood or other infectious pathogens. If you own an ambulance company, you must comply with federal labors protecting ambulance personal regarding proper wages for hours worked and workplace safety.

  • How to Rent Out a Part of Your House & Make It a Small Business

    Homeowners often have a potential passive income stream at their disposal. For those who have enough space, renting out part of your home can provide a decent income. It's a decision to consider carefully, however, because you will have to sacrifice some of your privacy. If you find the right tenants, it can be a good trade-off.

  • How to Report Per Diem on TurboTax

    According to the Internal Revenue Service, a per diem allowance that is within the rates set in IRS publication 1542 and accounted for through an expense report does not need to be reported anywhere on employee taxes. If, however, the per diem is in excess of the set rates, the excess should then be entered on the W-2 in box 12. Any qualified business expenses that were not reimbursed through a per diem or any other payment should be entered on IRS Form 2106. In TurboTax, you can search for the form and jump right to the interview to enter that information.

  • How to Use a Cell Phone Signal to Locate a Person

    Cell phone locator services can track your employees in the field, allowing you to confirm that they are at their assigned tasks. Because most people carry cell phones, they provide a convenient method for tracking, which you can typically accomplish by going online. You need to initiate most locator services before you can use them. Cell phone carriers, phone companies and certain third-party applications provide cell phone locator services.

  • Cubical Safety

    Cubicles are popular in the workplace because they are durable, sturdy and functional. Cubicles come in a variety of designs to meet the specific requirements of a company’s workspace. Maintaining an office with cubicles places an importance on cubicle safety. Workplace safety requires employees and managers to consider how cubicles are assembled, cared for and decorated. OSHA does not provide specific guidelines for cubicle safety, but employers must follow OSHA's guidelines regarding confined spaces. Failing to give cubicles the proper care can result in workplace injuries.

  • Small Business Grants for Solar Energy

    High technology grants and tax incentives for production and use of renewable energy equipment, including solar energy, are available on the state and federal level. Tax credits are the most common incentive for small businesses involved with solar energy, and they can represent a significant savings. One major federal grant program offers eligible businesses a choice of taking either a tax credit or a grant.

  • Rescinding an Offer of Employment for Reasons Other Than Those in a Conditional Offer

    As a small business owner, you have the right to fire any employee at will. That means that you can let an employee go for no reason. By the same token, an employee can leave your small business at will, as well. The rules for rescinding an offer of employment are not so cut-and-dry, however. Depending on the state where your business is located, you may face liability for rescinding an unconditional job offer after a candidate has accepted.

  • The Advantages of Paying Salary in an S Corporation

    An S corporation has special tax status granted by the Internal Revenue Service (IRS) because of its existence as a small corporation with fewer than 75 shareholders. S corporations are exempt from federal income taxation and pass income and losses through to the shareholders to be taxed on their individual returns. This special tax treatment means that shareholders can potentially take money out of the company in two ways: as a tax-free distribution of profits or as taxable salary. The IRS requires shareholders who work for the company to pay themselves a reasonable salary, rather than take all profits out of the company as distributions.

  • What Does 'Per Annum' Mean in Contracts?

    “Per annum” is Latin for “by the year” or “each year.” In contracts, per annum refers to obligations that occur annually over the life of an agreement. You might charge 6 percent interest on a loan per annum, for example, requiring the borrower to pay that amount each year until the principal is paid off.

  • What Type of Memory Uses Part of the Hard Drive as Though It Were RAM?

    Virtually all desktop and laptop PCs have virtual memory, a technology that uses part of the hard drive as though it were RAM. Virtual memory conveys a number of advantages, including the ability to run very large programs on any compatible computer, including those with modest amounts of physical RAM. Microsoft Windows and other modern operating systems automatically manage virtual memory to maximize the computer's efficiency.

  • Why Do People Join Professional Organizations?

    Alexis de Tocqueville, a young Frenchman who toured the United States in 1831 and published his observations of America in 1835, noted that Americans had a passion for creating and joining associations. This national characteristic remains active today. Making time in a busy life to participate in an organization of your professional peers provides multiple career benefits.

  • How to Make an IBAN Payment From the USA

    An International Bank Account Number (IBAN) is designed to let you send money via electronic funds transfer to a party in another country with minimal complications. IBANs use a standardized format of up to 34 alphanumeric characters that combines a country identification code, bank identifier, check digits and the beneficiary's bank account number. As of 2012, banks in the United States did not use IBAN numbers for wire transfers sent from foreign banks. However, you can make an IBAN payment from the USA as long as your bank offers international wire transfers.

  • Reasons Why an Employee May Not Be Able to Complete a Task at Work

    Managing employees involves ensuring they can complete their assigned tasks at work. Sometimes this may not be possible due to illness or another unforeseen personal situation. Other explanations for incomplete work may include incompetence in the position or misconduct during work hours. If none of these are reasons why an employee is not completing the duties of the position, ask questions to find out if other issues are present and can be eliminated to allow the work to be finished in a satisfactory manner.

  • How to Run a Successful Small Business

    It can be easy to start a small business, as there are opportunities to fit almost every budget and skill. It is often harder, however, to run a small business successfully. Running a successful small business often starts with the planning stage when you are deciding what you will sell and where you will locate your company. It doesn't stop there, however, as everything from your choice of employees to your accounting practices may influence your potential for success.

  • What Is Diversity in Accounting Principles?

    Diversity in accounting refers to differences in recording and using financial information; American businesses working with international corporations face challenges handling diversity when dealing with accounting principles. While many companies deal with the differences without interrupting business operations, the problems impact major business dealings, including evaluation of a firm's net worth and also the way managers make business decisions. Studies reported by the National Bureau of Economic Research note that accounting diversity influences security pricing and the method of compiling international portfolios.

  • An Outline of Key Skills Relevant for Dealing With a Change in a Business

    As contradictory as it sounds, you must prepare for the unexpected in business. Change is going to occur, though you will not always anticipate its nature. You must develop an outline of general, but key skills to deal with the ever-fluid nature of running a small business. Prepare yourself mentally to accept, conquer and lead your staff when the swirling winds begin to howl.

  • What Affects the Return on Equity in the Supply Chain?

    Return on equity, or ROE, is a common metric used to measure the effectiveness of management. A high ROE, compared to industry peers, is a sign of operational efficiency and vice versa. ROE can also be used to improve operational transparency by identifying the primary areas of concern, such as profit margin, financial leverage and asset turnover. All three are directly related to the efficiency of the supply chain.

  • What Are SIC Codes in Accounting?

    Accounting standards are set and agreed upon by agencies such as the Financial Accounting Standards Advisory Board and the International Standard Industrial Classification Division of the United Nations. Accountants then rely on data reported under these rules to analyze companies and industries. Standard Industrial Codes (SIC), developed as a joint initiative between the Federal Government and the business community, segment businesses by primary industrial divisions and subdivisions and make it easier to sort the data by industry. The more recent North American Industry Classification System (NAICS), with its six-digit system is supplanting the use of the less accurate four-digit SIC code system. Some independent analysis firms such as Dun & Bradstreet, still rely on SIC codes to provide industry reports to their clients.



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