Pat Moriarty 
A senior vice president (SVP) is the highest corporate title used by the U.S. business world. This is not a title with which many people are familiar. However, SVPs play an important role in a company’s success. They have many responsibilities and work closely with other executives. What is a Senior Vice President? The senior …
An income statement is a financial statement that allows you to analyze your business performance by comparing the revenue and expenses of a year. An income statement is used to compare a current year’s results with the previous year’s results. What Is a Year-End Income Statement? A year-end income statement provides a summary of a …
There are different types of farms depending on whether it is a farm with livestock or an organic vegetable farm. This article is all about what type of farm you want to be based on your budget and other factors. What are the Different Types of Farms? Despite the fact that farming is less common …
There are several methods to obtain the funds necessary to launch or expand a business, purchase a vehicle, or get through a hard patch. When all is said and done, most consumers resort to a reputable lending institution. A lending institution is an organization that provides loans (such as personal loans, mortgages, auto loans, debt …
A pyramid organizational structure is commonly used in the management field. The top layer consists of management and administrative personnel, followed by a second layer of supervisors, managers, and directors. What is a management pyramid? A management pyramid, also known as a hierarchical structure, is an organizational structure consisting of a single leader at the …
A business venture is for-profit and typically a start-up, typically a sole proprietorship led by an entrepreneur. A corporate company demonstrates rapid expansion and concentrated innovation. What is a Business Enterprise? A business venture is any activity engaged in the provision of products or services with the intention of generating a profit. The phrase may …
What Are Goods and Services? In business, things that are sold, exchanged, or otherwise delivered to customers or other businesses can be categorized as either tangible goods or intangible services. Most nations evaluate their economy based on the production and consumption of both tangible and intangible commodities and services. Some businesses offer both products and …
A flea market is the place where used goods are sold at low prices. The name of the event originated from “flea” which was an old term for the used goods that were bought in a flea market. What is a Flea Market? A flea market is a large, generally open-air market where a variety …
A rent ledger is an accounting tool used to track your rental income and expenses. By using a rent ledger, you can accurately keep track of how much you’re spending and make sure you’re getting the most out of your real estate investments. What Is a Rent Ledger? A rent ledger is a report that …
A money order machine or pay order machine is used by merchants to receive cash payments in lieu of checks and cash from customers. The term is also used to refer to the devices themselves. What Is a Money Order Machine? A money order machine is a computerized device used to supply consumers with printed …