Purchase Option Definition Purchase option, defined as the opportunity to purchase a piece of property which is being leased after the lease is completed, is part of the many options available in a lease agreement. A purchase option is often agreed upon by the two parties involved before the contract is made. Purchase Option Explanation
See Also: Proforma Earnings Proforma Financial Statements Credit Letter Balance of Payments Proforma Invoice Example Product Cost Proforma Invoice Definition Proforma invoice, defined as an invoice which is sent to a customer before they receive product, has more than one use. For customers it serves two main purposes. First, a proforma invoice allows customers to
See Also: Interest Expense Interest Rate Swaps LIBOR Federal Funds Rate Market Rate Prime Lending Rate Definition Prime rate, or prime lending rate, is the interest rate commercial banks charge on loans to preferred borrowers. The prime interest rate is lower than the interest rates charged to less creditworthy borrowers. Commercial banks can charge lower
How to Hire New Employees Hiring new employees is one of the most challenging tasks business owners face. You can take the fear and anxiety out of the process – and ensure you get the best prospect for the job – by developing an incremental, systematic approach and staying focused on the process. There are
See Also: How Do You Know When It Is Time to Buy New Software? How to Choose New Software Technology Assessment Criteria How to Choose a Software Dealer Technology Strategy for Small to Medium Sized Companies Five Reasons To Pay Attention To CRM Software (Customer Relationship Management) Customer Relationship Management or CRM software is not
See Also: Current Ratio Analysis Comparison Analysis Customer Analysis Mixed Economy Variance Analysis Feasibility Study Definition The feasibility study definition is the study of the feasibility of creating benefit from a given project. It is one of the first steps in evaluating a business idea. Basically, a feasibility study proposal is the analysis which establishes whether
See Also: Customer Analysis Profitability Index Method Segmenting Customers for Profit Five Reasons To Pay Attention To CRM Software Market Segmentation Customer Relationship Management (CRM) Customer relationship management, or CRM for short, is the process by which a company identifies customers based on profitability or sales, and markets to them specifically. By identifying the best
See Also: Customer Relationship Management (CRM) Segmenting Customers for Profit Disaster Planning for Information Technology Systems How to compensate sales staff How To Train People For Success Scrap Value Customer Analysis Definition The customer analysis definition is the process of analyzing customers and their habits. Customer analysis is one of the most important areas of study in
See Also: Manufacturing Cost Direct Materials Direct Labor Overhead Direct Cost vs. Indirect Cost Cost of Goods Sold (COGS) Definition Cost of Goods Sold (COGS), defined as the inventory expense that is sold to customers and is known as the largest expense to a company. It is also referred to as the Cost of Sales,
See Also: Accounting Principles Accounting Concepts Point of Sale (POS) Method Installment Sales Method Percentage Completion (POC) Method Completed Production Method Definition Completed production method accounting includes recognizing revenue as the products roll off the assembly line or are available for transportation and sale. This means that the production process is considered to be the final
See Also: Agency Costs SKU Lease Term Logistics Chain Gross Up Commercial Agent Definition Commercial agent is defined as a person who finds customers for a company who has hired the commercial agent. A commercial agent is both a job as well as a business. They find prospective customers for a variety of businesses, from
See Also: Value Chain Valuation Methods Responsibility Center Cost Driver Asset Market Value versus Asset Book Value Value Drivers: Building Reliable Systems to Sustain the Growth of the Business If your objective is to sell your company for the highest possible price, then you must build reliable systems that can sustain the growth of the
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