Accounting: The monetary worth of an asset, business entity, good sold, service rendered, or liability or obligation acquired.
Economics: The worth of all the benefits and rights arising from ownership. Two types of economic value are (1) the utility of a good or service, and (2) power of a good or service to command ... more
Tips for Starting a Successful Business Website
Read Full Article
The best assurance of continued growth, and high profit margins, comes back to this: the company should have a special niche in the marketplace, so that sales don't depend on offering a commodity item at a lower price than the competition's. It should, to a degree, dominate that niche. The best company in a marginal industry is worth more than the third-best company in a major industry. I'd rather ...Read more