The inventory turnover ratio shows how efficiently a firm has used its inventory. This is important in a small business, where storing excess inventory can be an unwanted burden and cost. Calculate ...

Operational efficiency refers to how well a business manages its resources and uses them to produce profits. While the best practices for maximizing operational efficiency are different for each ...

Efficiency and operating ratios measure overheads as a percentage of operating revenues or fee income; in effect, they measure how efficiently a company is being operated. They are generally favored ...

Businesses are always eager to know if they are profitable. To stay on top of profitability, they will assess ways to improve efficiency, reduce costs, incentivize employees and optimize operations to ...

Customers purchasing heating or cooling equipment typically want to know how energy efficient their new units will be. Contractors also want to be sure that the systems they are selling perform as ...