ARTICLES

Companies ultimately diversify to improve their sales and reduce business risk. Diversification presents risks and opportunities for companies, but ultimately helps them set and achieve long-term goals and reduce the ris...

www.reference.com/article/companies-diversify-e99b4079e9175fa

International business is important because it gives domestic companies access to new markets, potentially increasing sales and profitability. Operating internationally can also help a company lower expenses through dire...

www.reference.com/business-finance/international-business-important-a59f7f8f99a626c6

Insurance companies use workers' compensation class codes to classify types of work by level of risk to determine what rates to collect from employers, according to Class Codes. The National Council on Compensation Insur...

www.reference.com/article/workers-compensation-class-codes-used-c33252cd00f1efa9

SIMILAR ARTICLES

Business risk is the chance that the overhead a business faces to stay in operation is larger than the money the owner has to spend on it. The owner takes upon himself the risk that cash flow from the business may be ina...

www.reference.com/article/business-risk-95a984b4c7c0a83f

Elavon offers a variety of merchant services including payment management, debit and credit card processing, and tablet point of sales tools for both small businesses and enterprise companies, as of 2015. The company als...

www.reference.com/article/different-elavon-merchant-services-1b17cf1ed91b7882

According to Inc., an effective bakery business plan includes a market study with data on the bakery’s targeted customer base, data on product sales in the market area, information about competitors, sales predictions an...

www.reference.com/article/effective-bakery-business-plan-59467ab239091c46

Some tips for starting your own business include offering a product that people want to purchase, having a source of cash flow before the project starts, discovering ways to keep costs low, overestimating expenses while ...

www.reference.com/article/tips-starting-own-business-9ff735345156c510