Businesses that manufacture goods often need to calculate rates and efficiencies that tell them whether things are going well. This calculation is relatively straightforward for companies that produce ...

Many businesses hire hourly employees with varying hours. Learn how to determine and calculate the average cost of an hourly employee to your business.

Calculating the average hourly wage for your employees might seem like a simple math task, but small-business owners may want to do this in one of several ways, depending on their needs. Creating ...

The rate calculation has not changed much over the years. I remember the days when we estimated the cost of gasoline for the pony engine to the penny and used the crazy assumption that “repairs, ...