Fair Labor Standards Act of 1938. The Fair Labor Standards Act, signed into law by President Franklin D. Roosevelt in 1938, set a minimum wage, overtime requirements and standards for child labor ...

The 'S' in the 'S-Curve' definition stands for 'Sigmoidal', which is a mathematical term related to the way the curve is derived. You can, however, think of it as an S-shaped curve that predicts ...

The average warehouse business costs between $10,000 and $50,000 to set up. You will want to obtain some initial background information about the warehousing industry before starting your venture ...

When you start a business, you may consider taking out a loan to help cover expenses. Debt may be necessary, but you need to be very careful about taking out loans. Berkshire Hathaway does its ...

How to Conduct a Board Meeting Properly. Board meetings are an integral part of a business. These meetings inform the board members about the current condition and future strategy of a company ...

The cost of materials or product acquisitions are among the key variable product costs considered in the contribution margin. If your raw materials costs increase as a manufacturer, your ...

How to Plan for a Green Business. Responsible business owners take the environment seriously. Regardless of the size of a business, it is important to make plans that will make the company more ...

As of 2009, the minimum wage for employees is $7.25 per hour in the United States. Most employees can receive overtime pay, or one-and-one-half times their usual wage, for hours exceeding 40 ...