First, you have to understand the difference between England and Britain (and the UK, while we’re at it).

Small-business owners should be able to distinguish between bargaining and non-bargaining employees and understand the differences between the two.

However, before you make a decision about a distributor or supplier, it's important to understand the difference between a single source provider and a sole source.

Budgeting helps management set expectations for where a company wants to go; financial forecasting measures where the company is actually headed.

Enterprise value and equity value are common ways of clarifying a business valuation in a merger or acquisition. Each offers a slightly different view.