Basic Accounting Terms for Business Leaders

  “The beginning of wisdom is the definition of terms.” – Socrates In any field of study, the road to success begins with learning certain fundamental concepts. In business, this means becoming familiar with terms used to describe money and commerce. Below are 20 common accounting terms and their definitions.   List of Basic Accounting… Read more »

10 Reasons Why Majoring in Business Administration Is a Good Idea

Majoring in Business According to the National Center for Education Statistics, business remains the most popular major among undergraduates. The reason is clear. In today’s competitive job market, an in-depth understanding of the business world is critical to building a successful career. Below are 10 reasons why majoring in business is a sound decision for… Read more »

Types of Boards: A Guide to Getting Involved in Your Community

“Success must include two things: the development of an individual to his utmost potentiality and a contribution of some kind to one’s world.” -Eleanor Roosevelt, You Learn By Living Type of Boards To serve as a board member is to seize the opportunity for professional and personal growth. Those interested in becoming organizational leaders will… Read more »

A Quick Guide to Writing a Business Internship Cover Letter

Business students wishing to advance professionally may seek out internships in order to gain work experience relevant to their career goals. When applying for internships, a strong cover letter can make the difference between a rejection and an interview. Although drafting an effective cover letter may seem daunting, learning a few key tips can greatly… Read more »

How to Give Your Best Business Presentation: Public Speaking Skills

Business presentations have the capacity to inform, influence and even inspire audiences to action. Although giving a presentation may seem difficult, it need not be. Below are a number of recommendations for those seeking to master this valuable skill. Preparation Preparation is the key to any successful project. In the world of business presentations, this… Read more »

5 Promising Business Major Jobs for Recent Grads

Is majoring in business a good idea? Yes, according to Forbes. In a recent survey of major companies, 86 percent of businesses expressed sincere interest in hiring students who have business administration and management degrees. In addition, the Bureau of Labor Statistics (BLS) predicts steady job growth in business and financial occupations. In fact, the… Read more »

4 Easy Ways to Build Business Credit

Establishing and maintaining good credit is a key practice for any business. A bad credit score can delegitimize operations, prevent loan approvals required for growth, and force owners to seek alternative and challenging ways to get the financial resources they need. It is important for those seeking to start their own companies to understand the… Read more »

Financial Freedom: How to Create a Small Business Budget Template

Successfully creating a budget is a crucial aspect of running a business. Budgets provide an efficient way for business owners to organize financial information, project revenue outcomes and gain deeper insight into their company’s financial health. While the initial process of creating a budget may seem daunting, its usefulness is well worth the effort. Creating… Read more »

Software Engineer vs. Software Developer

According to the Bureau of Labor Statistics (BLS), jobs in the computer and information technology sector are projected to grow 12 percent by 2024. Two crucial positions within this field are software developers and software engineers. Although their titles sound similar, each provides a unique service within the realm of software creation. Does a Job… Read more »

Eight Famous Software Engineers

Computers are now a fundamental tool of modern life. As designers and distributors of new technology, software engineers play a critical role in the way people interact with both information and one another. Those software engineers famous for their work are ones whose contributions have been particularly influential throughout the world. The following are eight… Read more »