entrepreneurs what they need to know to start and grow their businesses the right way. We have guides to help small business owners understand financial and accounting concepts as well as what they should be doing to keep up with the current market trends.
What is a Pro Forma Invoice?
Definition: A pro forma invoice is a document sent by the seller to the buyer with the purpose of providing detailed information about a proposed transaction. This is mainly seen […]
What is Social Responsibility?
Definition: Social responsibility is a set of activities carried out by an organization with the purpose of benefiting the society. Social responsibility or corporate social responsibility embraces those company actions […]
What is a Marginal Cost?
Definition: Increase in the total production cost experienced when an additional unit is produced. Simply stated, is the cost of producing an additional piece. What Does Marginal Cost Mean? The […]
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