When you are new in the business and you have not yet built a good credit history, issuers of business credit cards will most likely require you to personally guarantee your application for business credit cards. What’s Your Why? Click here if you’re an employer looking to find an entrepreneurial leader. Click here if you want to make a difference in a new leadership role. We can say that economic profit is the profit that a business makes after factoring opportunity cost or alternative uses of the company’s resources. For example, if a company foregoes project A and chooses project B. Then the economic profit would be the accounting profit plus how much more or less profit does the company makes by going for project B over project A. The costs and expenses that are used in the calculation are explicit costs of running or operating the business. The costs or expenses that go into the calculation of the accounting profit are – Raw materials, labor costs, such as wages, Production costs, Transportation costs and Sales and marketing costs. The revenue sources include – sale of goods and services, rental income, interest, dividend, and more. 3. Sometime,the partnership business may not be able to wait for the return of the disabled person. I’m always blown away by the breadth and detail of your hubs! Stunning pictures and beautiful prose. Where do you find the time? Keep up the good work (I’m sure I don’t have to tell you that). Commercial liability insurance helps a business owner if a customer is injured at the property and sues for his medical care. Coverage extends to hospital and doctor costs, as well as defense costs. It can also benefit the business if there is ‘advertising injury’ related to claims such as copyright infringement, libel and defamation. Charles Grandison Finney published Lectures on Revivals of Religion in 1835. This practical handbook for evangelists sold 12,000 copies in 90 days and it has never been excelled. Finney also became President of Oberlin College from 1851 to 1866—the first in America to admit women and blacks alongside white males, and a hotbed of the abolitionist movement. Access to Your Account. You are responsible for all activity that happens on or through your account. To protect your account, keep your password confidential. Do not reuse your account password with other services. Without prejudice to your statutory rights, if you forget your password and otherwise cannot validate your account to Verizon Media, you acknowledge and agree that your account may be inaccessible to you and that all data associated with the account may not be retrievable. Buyers are eager to do business with companies that share their values. Research has even shown that customers are willing to pay more money for sustainable products.