Jeff is a writer, founder, and small business expert that focuses on educating founders on the ins and outs of running their business. From answering your legal questions to providing the right ...

This organizing strategy takes inspiration from the food service industry. Every day, it feels as if there’s a new organizing craze or trend. One week, it’s decanting everything in your kitchen and ...

Feeding my family of seven sometimes feels like a full-time job. There’s so much involved, from planning meals and shopping for them to cooking and cleaning up the kitchen afterward. Keeping the food ...

Constantly unearthing expired food in the backs of your cupboards and corners of your fridge are signs that you have an inefficient kitchen setup. Luckily, there's an easy fix. Toss aside your prior ...

Wondering about FIFO vs LIFO? Learn about the two inventory valuation methods and which one is best for you. Many, or all, of the products featured on this page are from our advertising partners who ...

Here's why lawmakers moved to take out a costly provision in its initial tax-reform package. Tax reform efforts have been fast and furious in recent months, and with both the House of Representatives ...

Fleetio, a fleet maintenance software, has added new inventory valuation methods to its list of offerings, LIFO and FIFO (Last-In First-Out and First-In First-Out). LIFO-FIFO is an accounting method ...

Inventory can consist of merchandise you prepare for retail sale or products you create from raw materials and labor. In either case, you don't expect to sell all your inventory in a single ...

The Financial Accounting Standards Board sets national accounting standards, called Generally Accepted Accounting Principles, for publicly traded companies in the United States. GAAP standards provide ...