Madison Boehm
Business Owner and Advisor
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Co-authored Articles (24)
How to
Write a Visit Report
Whether you’re a student or a professional, a visit report helps you document the procedures and processes at an industrial or corporate location. These reports are fairly straightforward. Describe the site first and e...
How to
Determine a Quorum
A quorum is a term that defines the minimum number of people required for an assembly or organization to conduct business. It allows people to ensure that financial and legal decisions are always reviewed and voted on by...
How to
Introduce Your Company
Creating a good first impression is important for any business, especially if it’s a new company that doesn’t have a big reputation yet. There are several ways to introduce your company online, in an introduction let...
How to
Write a Letter of Undertaking
A letter of undertaking is a written agreement of terms between two parties. Most often, a contractor will write a letter of undertaking when hired to take on a project. It is a business agreement, and can be legally bin...
How to Conduct a Time and Motion Study
Assess how efficient a workflow is with this easy guideA time and motion study is used to analyze work efficiency through the observation and timing of tasks. It can help you see where your day could be more efficient, s...
How to
Calculate Variable Costs
Costs associated with a business operation can be broadly classed into two categories: variable and fixed. Variable costs are those that fluctuate with production volume, while fixed costs remain constant. Learning how t...
How to
Write a Management Plan
A management plan describes how an organization or business is run. Writing a management plan allows you to formalize your management structure and operations. It also ensures that everyone is on the same page and that y...
How to
Write a Work Report
Writing a work report might feel overwhelming, but it might be easier than you think. Work reports are typically used to explain your progress on a work project or provide your conclusions and recommendations regarding a...
How to
Create a Barcode
This wikiHow teaches you how to create a barcode for use on a product. After signing up for a GS1 prefix for your barcodes, you can create UPC or EAN barcodes one at a time by using an online generator, or you can create...
How to
Calculate Attrition Rate
Your company’s attrition rate is the rate at which employees voluntarily leave your firm. The attrition rate is also referred to as the employee turnover rate or the “churn” rate.. 6 October 2023. If your company ...
How to
Open a Clothing Store
If you have a passion for fashion and style and want to be your own boss, then opening a clothing store may be the perfect decision for you. Starting a business takes some thought and planning, but the effort is worth it...
How to
Start a Petting Zoo
Petting zoos are a fun and educational activity for people of all ages, but with the right planning, they can also be a lucrative business venture. If you're an animal lover who's always dreamed of operating your very ow...
How to
Set up an Internet Cafe
Interested in starting your own internet cafe? Nowadays, access to the internet is more essential than ever. Business travelers, people without their own computers, and tourists are all in need of computer and internet a...
How to
Copyright a Logo
A memorable and distinctive logo is a great business asset which can help you stand out in the marketplace. Fortunately, copyright exists for your logo as soon as you draw it. You may create an optional copyright notice ...
How to Open and Run a Successful Bookstore
All the crucial aspects of running a successful independent bookshop If you love books, you may have thought of opening your own bookstore. Successfully operating a bookstore takes more than just a love of the written w...
How to
Calculate Expected Opportunity Loss (EOL)
Expected opportunity loss (EOL) is a statistical calculation used primarily in the business field to help determine optimal courses of action.. 24 August 2021. Doing business is full of decision making. Any decision cons...
How to
Open a Gift Shop
Gift shops are one of the few brick-and-mortar businesses that can be customized to a large degree to suit the interests of their owners. If you want to open a gift shop, you’ll need to begin by deciding on a shop them...
How to
Start a Convenience Store
Starting a convenience store, just like starting any other business, takes money, planning, and time. Convenience stores are in demand all over the world, making them a good business to get into. With the right location,...
How to Calculate Predetermined Overhead Rate (With Examples)
''Learn how to apply POR in business, manufacturing, and accounting scenarios'' Calculating a predetermined overhead rate (POR) is a great way for businesses to balance expenses with production costs and sales. If you wa...
How to
Start a Recycling Business
A successful recycling business is a venture that allows you to make a profit while helping the environment. It is, however, a large undertaking, and you'll face serious competition. By making a detailed plan, locking in...
