Productivity measures the ratio of output to input. Small-business owners are concerned with productivity because it ties into operational efficiency and profitability. Productivity measurement can be ...

Understanding how your labor costs stack up against sales revenue is a basic principle behind managing a successful business. Just because your business is making a profit doesn't mean that every ...

We have heard the word “productivity” related to the construction industry for some time now. My first touch on this subject was a study of the industry by a consulting firm that started out with a ...