Supermarkets are often cited as among the types of businesses with the lowest profit margins. It's true. Grocery store profit margins typically range from 1 percent to 3 percent, depending on the ...

A customer enters a fast-food establishment barefooted even though the sign says,"No shirt, no shoes, no service." At the other extreme, a fired employee tries to enter his former office, threatening ...

Investment companies invest in various securities, such as cash, bonds and stocks. Diversified investment companies, such as mutual funds, usually invest in several asset categories and in different ...

The Internal Revenue Service counts fringe benefits – goods, services and experiences given to employees in addition to standard wages – as a form of taxable income. In most cases, time spent using ...

When a bank forecloses on a house, the bank takes physical possession of the house and all of the previous owner's belongings must be removed. Banks do not handle this themselves, but before you can ...

Inventory is not directly taxable as it is cannot be bought or sold. The carrying cost for inventory entails a few hidden fees, which are elements of business that's often overlooked by new ...

Many states, and some municipalities, require retailers and service providers to charge sales tax on products and services sold to end consumers. However, some businesses are not required to pay sales ...

A century ago, letting businesses send packages through the mail was a revolutionary idea. Although Ben Franklin became America's first postmaster, the post office didn't let Americans or American ...

An employer identification number (EIN) identifies a business to the IRS the way an individual is tagged by his Social Security number. Where an individual writes down his Social Security number on a ...

Disney has the right to license the characters in its various movies, TV shows and cartoons, or to not license them. As far as most businesses are concerned, Disney's going with "not." Are you a ...

Each major sports organization has its own process for licensing businesses to sell team apparel. In the majority of cases, the licensing process requires providing business information, including ...