The Harada method helps individuals achieve self-reliance which in turn facilitates a company’s process improvement journey.

Businesses use the high-low method of accounting when they want to accurately calculate the variable and fixed costs for a certain amount of sales. If a business finds that certain sales levels are ...

There are two main types of business accounting methods: cash and accrual. In general, small-business owners have the option to choose which one to use. Both methods function to keep track of income ...

Note: The following examples and supporting information has been excerpted from the 13th edition of Tom West’s book the 2003 Business Reference Guide, published by Business Brokerage Press. The reason ...